"Grocery price inflation has been recorded at 6.3pc in the 12 weeks to the start of this month. This is up from 5.4pc in the previous 12-week period, according to retail industry consultants Worldpanel, which used to be called Kantar. The spiralling cost of everyday essentials is forcing consumers to cut back on what they buy in the shops and to substitute expensive items like beef for cheaper alternatives like chicken, experts have said."
"They spent €758m on promotional lines during the latest 12-week period, an increase of 8.2pc on the previous year. Promotional spending now makes up 21.5pc of all grocery sales. Households with children made greater use of online shopping in the last few weeks, spending an additional €6.6m compared with the previous month. Nearly 18pc of Irish households bought their groceries online during this time."
Grocery price inflation reached 6.3% in the 12 weeks to the start of the month, up from 5.4% previously. Consumers are cutting back and substituting costly items like beef with cheaper alternatives such as chicken. Shoppers spent €758m on promotional lines in the latest 12 weeks, an 8.2% rise year‑on‑year, with promotions comprising 21.5% of grocery sales. Households with children increased online grocery spending by €6.6m and nearly 18% of Irish households bought groceries online. Store visits rose 0.7% ahead of the school term while packs per trip fell, and overall grocery spending rose by €68.8m year‑on‑year.
Read at Irish Independent
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