Public Expenditure Minister Paschal Donohoe has said that the Government will be watching to ensure that companies are not “profiteering” as prices begin to come down.
He made the comments as a new study from Kantar showed that food inflation had fallen slightly for the first time in two years.
Although grocery price inflation remains high, it is now lower than the level seen last month, having dropped from 16.8% to 16.6% in the 12 weeks to April 16.
