More than 60% of people expect to cut back on food due to price surge

Up to 53% of people feel they are less well-off than they were a year ago. File photo

Over three in five people believe they face having to cut back on food due to the surge in prices, while a similar proportion describe themselves as “just getting by”, according to a survey by Permanent TSB and Kantar.

Cost of living concerns are now the dominant issue among consumers, with 81% of people saying it’s their chief worry, the survey of 1,002 adults here found.