Grocery price inflation ticks up to 2.8% 

Good weather and major sporting events saw increased spending on alcohol, confectionary and savoury products, market research finds

Grocery price inflation is running ahead of the overall rate of inflation which stands at 2.2%. 

Grocery price inflation ticked up slightly this month, with Irish consumers spending more on alcohol, crisps and sweets while enjoying numerous major sporting events, new figures from market research firm Kantar show.

In the 12 weeks to August 4, grocery prices increased by 2.8% compared to last year, which is a slight increase from the 2.6% recorded in July. It is also ahead of the overall annual rate of inflation currently running at 2.2%.