Grocery price inflation falls to a near two-year low

Despite the levels of inflation reducing, consumers are continuing to manage their household budgets with own-label goods continuing to grow strongly

Annual grocery price inflation declined for the 10th month straight. 

Irish grocery price inflation dropped below 5% during February with inflation at its lowest levels in nearly two years, new data shows.

According to the market research firm Kantar, annual grocery price inflation now stands at 4.7% dropping 1.2% from January — marking the 10th straight month of declines.