Irish households facing annual grocery bill increases of €330.
That's according to the latest figures from Kantar which regularly carries out studies on grocery shopping and consumers' spending.
Part of this latest study from the group shows that 23% of households are struggling to make ends meet with their weekly food shop.
💶 Average annual Irish grocery bill to increase by €330, say Kantar.
📈 Grocery inflation is at 4.7% - the highest since September 2013.
🍫 Irish households spent €10.8m more on Easter Eggs and Easter chocolate this year compared to 2021.
— Ben Finnegan (@_BenFinnegan) May 3, 2022
Meanwhile, grocery inflation has reached 4.7% - a level that hasn't been seen since September 2013, which Kantar said is against a backdrop of global supply chain issues.
Irish consumers also got into the Easter spirit with €10.8m more spent on chocolate eggs this year, compared to last year, while an extra €620,000 was spent on traditional hot cross buns compared to 2021.
All the major retailers saw take-home grocery sales fall in the 12 weeks to 17 April 2022. Dunnes has retained its position as Ireland’s largest grocer, holding a 22.4% market share in the latest 12 weeks.
In terms of inflation, Kantar says foods like poultry, bread, pasta, and butter have seen some of the biggest jumps in prices.
