Irish households have seen a major increase in the yearly cost of groceries across most retailers as inflation and supply shortages cause havoc on the global market.
According to the Central Statistics Office, there are specific fridge staples that are now considered to be much more expensive in Ireland when compared with most other European countries.
The figures released today proved that food prices in Ireland, in general, were 17% above the EU average in 2021, making them the second most expensive in the Eurozone.
Irish food prices are also the third most expensive among all 27 countries of the European Union as many families struggle to keep up with the rise in the cost of living here.
The CSO stated that prices for milk, cheese, and eggs were 25% higher than the European average, while oils and fats are 22% higher and bread and cereals are 20% higher.
As grocery price inflation continues to grow, it reached the new height of 6.5% in the 12 weeks running up to June 12 - marking the highest level seen since February 2013.
Kantar recently revealed that rising prices will add up to over €450 to the average annual grocery bill, which will come as a burden to many.
This figure is also €100 higher than what was predicted in early May, showing the swift nature of inflation as it continues to hit those most vulnerable.
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