Grocery price inflation still running at over 16%

Retail inflation the 'real driving factor' behind increased spending in Irish supermarkets rather than increased purchasing

Spending in supermarkets is up €574m but this is being driven by inflation rather than Irish people buying more. 

Grocery prices inflation is still running in excess of 16%, despite a slight dip in May, continuing to heap further pressure on households, new figures show.

The figures were released by market consultants Kantar, which said inflation was the “real driving factor” behind increased spending in Irish supermarkets rather than increased purchasing.