Grocery Inflation At Over 15% In The Last Year

Monday, 9 January 2023 17:21

By Caoimhe Harney

The festive season also saw a 7% increase in the sales of wine

Grocery inflation over the past 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 as being a food producer and exporting large amounts of food - the prices of food here are skyrocketing.

Kantar which carried out a study showing shoppers spend almost €100 more on groceries this December than last.

And the figures show that households bought less products - which exacerbates the inflation problem.

It was the first non-restriction Christmas in three years with shoppers spending €119 million more than previously - with sales hitting record breaking levels.

The festive season also saw a 7% increase in the sales of wine.

Shoppers also spent €828,000 in December on cold and flu medication.

More from National News

Kfm Recruiting News Journalists

Full-tme and part-time weekends positions. Location: Kfm Broadcast Centre, Naas.
Bluetongue Virus Confirmed in Wexford

".......cannot infect people and does not pose any food safety or human health issue"
Local Authority Tenants Must Get Permission Before Installing Video Doorbells

KCC says it will allow video doorbells, including Ring-style devices, only if prior approval is given,
After Fertility Loss, Care Barriers Remain For Women With Endometriosis, Says Local Woman

Audio

Speaking on Kildare Today, Ms Whelan said she learned last July that the condition had left her unable to have children.
€8.5m Wastewater Upgrade To Enable 900 New Homes In Celbridge, With Traffic Disruption Until May

The works involve the installation of over two kilometres of new wastewater pipeline between the Castletown Wastewater Pumping Station and Crodaun, passing through Castletown Estate, Castletown Drive and the R405 Maynooth Road.
Two Men Arrested In Garda Operation Targeting Burglaries

The investigation looked into more than 40 incidents, including thefts, deception and unauthorised takings of vehicles, in Dublin and across the country last year.
Leak Shuts Junior Infants Class In 19-Year-Old "Temporary" School Building In Celbridge

It remains unclear as to when the works will be completed.
Major DART+ Depot Confirmed For Maynooth-Kilcock Area But No Extra Stop Confirmed For Locals

While the precise site has not been finalised, it has been confirmed the depot will be located between Maynooth and Kilcock, potentially just outside Kilcock.