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Irish Mirror
Irish Mirror
National
Danny De Vaal

Cost of Living: Price of groceries skyrockets by 16.4% since last year as consumers spend additional €113.56 on food

Emer Healy Dunnes Leo Varadkar Kantar SuperValu

The price of groceries in Irish supermarkets has skyrocketed by more than 16% in the last year, research shows.

The study also found that hard-hit consumers were forking out an additional €113.56 on their food shop now compared with the same period last year.

Data released by Kantar yesterday shows grocery price inflation had hit 16.4% - the highest ever.

READ NEXT: Teen chicken farmer flabbergasted as hen lays Ireland's largest egg - 'I've never seen one so big'

The retail analysts examined the 12 weeks leading up to February 19, 2023, with the year previous.

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