Grocery price inflation inches upwards again

Brands currently hold 47% value share of the total market with own label products at 47.1% value share

In the four weeks to August 10, Irish consumers spent an additional €7.2m on alcohol and an additional €1.3m on suncare.

Irish grocery price inflation inched upwards again in the early weeks of August as consumers significantly increased spending on alcohol and suncare, new data from Worldpanel by Numerator shows.

In the 12 weeks to August 10, grocery price inflation ran at 5.86% compared to the same period last year. This is an increase from the 5.43% recorded in July. In January, grocery price inflation stood at 3.4%.