Grocery prices jump 5% as inflation surges

Shoppers spent an additional €124m on promotional lines over the last 12 weeks.
Grocery prices increased almost 5% in the past year with the rate of inflation rising by 2.4 percentage points to 4.96%.
Latest data from Kantar shows Irish shoppers spent an extra €73m on groceries in May, with the warmer weather, longer days and time spent outdoors driving consumer spending.