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Grocery Inflation At Record Levels Again As It Hits 15%

Grocery inflation over the last year is measured at 15.4%. It's the highest level ever recorded, and...
Ben Finnegan
Ben Finnegan

12:17 PM - 9 Jan 2023



Grocery Inflation At Record Le...

News

Grocery Inflation At Record Levels Again As It Hits 15%

Ben Finnegan
Ben Finnegan

12:17 PM - 9 Jan 2023



Grocery inflation over the last year is measured at 15.4%.

It's the highest level ever recorded, and higher than our nearest neighbour - the UK.

Despite Ireland priding itself on being a food producer and exporting large amounts of food - the prices of food here are skyrocketing.

Kantar shows shoppers spend almost €100 more on groceries this December than last, with the figures showing despite spending more - households got fewer products.

Irish shoppers spent €828,000 on cold and flu medication in supermarkets - as the country battled with a series of respiratory illnesses.

The figures show there was also €500,000 spent in December on vitamins.

The study suggests more people were hosting and cleaning their homes with almost €7m more spent on cleaning products last month than other Decembers.

A trend throughout the pandemic was consumers buying rolled turkeys for smaller gatherings.

However, 2022 saw a 35% increase in the purchase of whole turkeys which feed up to seven people.

Shoppers spent €119m more than previously - with sales hitting record-breaking levels.



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Christmas Grocery Inflation Kantar Shopping Supermarket

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