Irish adults have sounded their worry over the rising cost of living in Ireland that doesn’t seem to be going anywhere.
From filling your car to your fridge and paying utility bills, most people are having to delve deeper into their pockets every month.
According to new research released by iReach, 96% of adults have seen a rise in the cost of groceries in the last month.
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The average amount spent by adults on groceries each week is now €125, while 32% of adults spend between €51-€100 on groceries in a seven-day period.
Supermarket prices are being hiked across the board, as the price of manufacturing and transport rise. As a result of this, nearly half (47%) of adults think the cost of their weekly grocery spend has increased by at least 11%-20%.
Some are calling for change, with 83% saying the costs are now unacceptably high and most hauntingly, a whopping 60% are worried about not being able to afford groceries if costs continue to increase.
It’s not just the cost of food that is putting pressure on households, but nearly half of those who were surveyed say the cost of their weekly shopping is putting them under ‘financial pressure.’
There are many supermarket chains to choose from in Ireland but according to this survey, 56% of people are opting to do grocery shopping in Tesco, 55% do their shopping in Aldi, and 53% shop for groceries in Lidl.
Among the foods that are seeing price hikes are seafood, meat, and dairy, with 37% of adults guesstimating a:
- 21%-40% increase in the cost of meat and seafood
- 21%-40% increase in dairy
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