Grocery price inflation increases to 4.5% in March

Rising prices contributing to a 'slowdown in sales, having a marked impact on consumer habits', new market research data shows

March saw the slowest market growth in the grocery sector since November 2022.

Irish grocery price inflation jumped to 4.5% in March, with rising prices contributing to a “slowdown in sales” which is having a “marked impact on consumer habits”, new data from market research firm Kantar shows.

In the 12 weeks up to March 23, grocery price inflation stood at 4.5% — a 1.16 percentage point increase compared to the same period last year. During February, grocery price inflation stood at 3.7%.