Grocery price inflation hits lowest rate since November, but remains 'incredibly high'

The average increase in the household weekly grocery shop is €9.10 compared to last year

Wet weather during July saw spending barbeque essentials like chilled burgers and grills drop by €493,000 compared to last year. 

Annual grocery price inflation has declined for the third month in a row reaching the lowest levels seen since November last year, new data from research firm Kantar shows.

According to the data, grocery price inflation in the 12 weeks to August 6 stood at 12.8% down from 14.7% recorded in July. Price inflation peaked in May when it hit 16.5%.