Price of branded grocery products continues to rise

The price of an average grocery basket of branded goods continues to creep up, despite the recession hitting cash-strapped consumers.

According to the Consumers’ Association of Ireland (CAI) latest tracking survey of a branded basket of goods, the recession has made little impact in terms of driving prices down.

Taking the average prices of 19 goods, the study found that the 2014 basket comes in at €41.95 — up 89c (2.16%) on the 2013 basket.