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Grocery prices now climbing by more than 5% new figures show
Grocery prices now climbing by more than 5% new figures show

Irish Times

time30-06-2025

  • Business
  • Irish Times

Grocery prices now climbing by more than 5% new figures show

Groceries in Irish supermarkets are getting more expensive with the latest figures from retail analysts Kantar Worldpanel suggesting a rate of inflation of 5.3 per cent over the last 12 weeks. While the current rate is significantly lower than what was recorded at the height of the cost-of-living crisis in the summer of 2023, it is around twice the level recorded this time last year. Multiyear price hikes have cost many Irish households thousands of euro each year with little prospect of a reversal in the short or medium term. According to Kantar grocery inflation was 5.3 per cent in the 12 weeks up to the middle of June compared to the same 12-week period last year. READ MORE Kantar's business development director Emer Healy said higher prices were 'clearly affecting both sales performance and shopper behaviour'. She said that as 'grocery bills rise alongside other household expenses, Irish consumers are cautious with their spending and actively seek out promotions to secure the best value.' [ Ireland's grocery prices are still soaring. How can that be? Opens in new window ] Shoppers spent €802 million on promotional lines during the latest 12-week period, a 15.7 per cent increase compared to the previous year. As well as rising prices, the Kantar research also points to 'abnormally hot weather over the last two months' prompting shoppers to splash out on sun creams and picnic-friendly convenience foods while visiting shops more frequently. [ Rate of grocery price growth more than doubled in past year, Kantar says Opens in new window ] People went to supermarkets 22.7 more and spent an additional €28.8 million over the last month. This is the highest summer frequency recorded since June 2021 when frequency was an average of 21.4. Ms Healy said that due to the warmer than normal weather sales of sun cream jumped by 6. per cent while shoppers also spent significantly more on prepared fresh fruit, water and dilutes, smoothies and juices. Convenience proved to be a priority in the sunny weather with an additional €2.4 million spent on chilled ready meals. IATA Director General Willie Walsh on airline profits, air fares and why the Dublin Airport passenger cap makes Ireland a laughing stock Listen | 35:56 Brands and own label both performed strongly, growing at 6.2 per cent with the former overtaking the latter in value share of the total market at 47. per cent, compared to brands with a 47.1 per cent value share. Premium own label experienced growth of 15.3 per cent over the 12 weeks, outperforming the total market which increased by 6.9 per cent When it comes to the store wars, Dunnes retained its lead with s 23.6 per cent of the market and sales growth of 8 per cent year on year. Tesco commanded 23.3 per cent of the market, with value growth of 7.7 per cent year-on-year while SuperValu was on 20.2 per cent with growth of 5.6 per cent. Lidl had 14 per cent of the market share here, while Aldi was at 11.8 per cent.

Grocery prices now rising three times faster than other goods
Grocery prices now rising three times faster than other goods

Irish Examiner

time30-06-2025

  • Business
  • Irish Examiner

Grocery prices now rising three times faster than other goods

Grocery prices in Ireland have risen again, with prices in supermarkets now more than 5% above what they were a year ago. The figure is far above the general inflation rate of 1.6% with household spending of food continuing the rise. The latest data from Kantar, which monitors supermarket prices for a range of goods in Ireland, places the inflation rate at 5.3% for the past 12 weeks compared to the same period last year. The cost-of-living crisis saw general inflation in Ireland peak at 9.2% in October 2022, largely due to a surge in energy prices. While the inflation rate has fallen to below the 2% mark, food inflation has remained stubbornly high. 'The rise in average prices is clearly affecting both sales performance and shopper behaviour," Emer Healy, Business Development Director at Kantar, said. "As grocery bills rise alongside other household expenses, Irish consumers are cautious with their spending and actively seek out promotions to secure the best value.' The analysis shows shoppers spent €802m on promotional lines during the latest 12-week period, a 15.7% increase compared to the previous year as they sought better deals. Kantar said own-label products have now overtaken brands in value share of the total market at 47.3%, compared to brands with a 47.1% value share. Data from the CSO published this week reports a food inflation rate of 4.3% over the past year. The CSO said a pound of butter is now €1.03 more expensive than a year ago, Irish cheddar is up 57c/kg, with two litres of full-fat milk up 27c and an 800g sliced pan up 5c. In the Dáil last week, Minister of State in the Department of Enterprise Niamh Myth said the competition authority continues to review grocery price inflation in Ireland saying it "remains broadly in line with the European average and is likely to be driven in part by increasing costs in other areas such as wages and agricultural produce." She said the Government has asked the authority for an update on its June 2023 analysis, which found there was no indication of excessive pricing in the grocery sector. Amongst supermarkets, Kantar said that Dunnes remains the largest player with 23.6% market share, followed by Tesco at 23.3%, SuperValu at 20.2%, Lidl at 14% and Aldi on 11.8%.

Cost of groceries at ‘tipping point' as prices rise at double the rate of inflation
Cost of groceries at ‘tipping point' as prices rise at double the rate of inflation

Irish Independent

time03-06-2025

  • Business
  • Irish Independent

Cost of groceries at ‘tipping point' as prices rise at double the rate of inflation

Grocery prices were up 4.96pc by May 18th, compared to the same 12-week period last year, according to Kantar's data. That's well over double the general rate of inflation – which the Central Statistics Office puts at 1.4pc in the year to the end of May. Grocery prices are also rising twice as fast as they were in the same period last year, Kantar said. Rapidly rising food prices have caught many shoppers off guard this year, including dairy in particular. Earlier CSO data in May showed the price of a pound of butter had risen by close to €1 over the past year to an average of €4.69, a surge of more than 26pc. The Kantar data confirms the high price of groceries is forcing shoppers to change their habits, including a more intensive hunt for bargains and discounts. Shoppers spent an additional €124m on promotional lines over the last 12 weeks compared to the same period last year, according to Kantar, which recorded the highest share of packs on promotion since May 2021. 'Rising prices are influencing both sales performance and consumer behaviour,' according to Emer Healy, Business Development Director at Kantar. 'Although households have been adjusting their spending for some time now, what we're seeing is a clear 'tipping point' when inflation goes above 3pc to 4pc. This is when shoppers really start to feel it in their wallets, and they change their behaviour. 'As a result, supermarkets are having to be more creative in the way they attract shoppers in-store and online – offering quality products at the right price.' Branded (47.4pc) and own label (47.1pc) products now make up almost identical market share. Premium own label continues to grow faster than the market as a whole. The latest Kantar data shows Dunnes Stores held the top spot as Ireland's busiest grocery chain in May, with a 2.38pc market share. That put it ahead of Tesco (23.3pc) and Supervalu (20.3pc) and well ahead of Lidl (13.8pc) and Aldi (11.7pc). Ireland, figures from the CSO last week showed prices, measured using the EU Harmonised Index of Consumer Prices (HICP) had risen 1.4pc in the 12 months to May 2025, although food prices are up 4.1pc in the last 12 months. The Irish figures show energy prices are estimated to have fallen by 1.3pc in the month and decreased by 2.6pc over the 12 months to May 2025, with knock on effects across a range of sectors and as well as for households.

Shoppers spend €14m more on summer fare
Shoppers spend €14m more on summer fare

RTÉ News​

time03-06-2025

  • Business
  • RTÉ News​

Shoppers spend €14m more on summer fare

New figures show that shoppers spent an additional €14m on typical summer fare, including sausages, coleslaw, antipasti, non-alcoholic drinks, mixers, pickles, beer and cider and ice cream, in the four weeks to May 18. The latest figures from Kantar also show that consumers spent additional €50,000 on suncare compared to this time last year. Kantar said that warmer weather, longer days and time spent outdoors is driving consumer spending this month as take-home value sales in Ireland over the four week period increased by 6.6% compared to the same time last year. Shoppers were in-store an average of 22.3 times in May, contributing an additional €17m to the market's overall performance. Today's Kantar figures also show that grocery price inflation stands at 4.96%. Grocery inflation has increased 2.4 percentage points since the same time last year. Emer Healy, Business Development Director at Kantar, said rising prices are influencing both sales performance and consumer behaviour. "Although households have been adjusting their spending for some time now, what we're seeing is a clear 'tipping point; when inflation goes above 3% to 4%. This is when shoppers really start to feel it in their wallets, and they change their behaviour," she said. "As a result, supermarkets are having to be more creative in the way they attract shoppers in-store and online - offering quality products at the right price," she added. Shoppers spent an additional €124m on promotional lines over the last 12 weeks compared to the same time last year, according to Kantar, which recorded the highest share of packs on promotion over 22% - the highest level since May 2021. While the total promotional market grew by 17.6%, key categories including table sauces, skin care, deodorant, soft drinks, frozen confectionery and chocolate all grew ahead of this with double digit growth. Kantar said that despite the added pressure on household budgets, Irish shoppers continue to prioritise quality. This is evident with both brands and own label performing strongly - up 5.6% and 5.2% respectively - with shoppers spending an additional €174m on these ranges compared to last year. Brands still hold a higher value share of the total market at 47.4%, compared to own label with 47.1% value share, Kantar noted. Today's figures show that Dunnes holds a 23.8% market share, with sales growth of 7.2% year-on-year. Dunnes shoppers picked up more volume per trip, up 0.7% alongside making more frequent trips, up 1.8%, which contributed a combined €20.2m to their overall performance. Tesco holds 23.3% of the market, with value growth of 7.1% year-on-year. Shoppers increased their trips to store by 5.3%, which contributed €41.3m to its overall performance. Meanwhile, SuperValu holds 20.3% of the market with growth of 5.4%. Consumers made the most shopping trips to this grocer, averaging 24.9 trips over the latest 12 weeks, which help to contribute an additional €38.9m to its performance. Lidl holds a 13.8% market share, an increase of 6.3% as larger trips drove an additional €12.9m in sales. And Aldi holds a 11.7% market share, up 6.8%. Increased trips to store and new shoppers drove an additional €24.2m in sales, Kantar said.

Grocery prices jump 5% as inflation surges
Grocery prices jump 5% as inflation surges

Irish Examiner

time03-06-2025

  • Business
  • Irish Examiner

Grocery prices jump 5% as inflation surges

Grocery prices increased almost 5% in the past year with the rate of inflation rising by 2.4 percentage points to 4.96%. Latest data from Kantar shows Irish shoppers spent an extra €73m on groceries in May, with the warmer weather, longer days and time spent outdoors driving consumer spending. 'Rising prices are influencing both sales performance and consumer behaviour,' according to Emer Healy, Business Development Director at Kantar. 'Although households have been adjusting their spending for some time now, what we're seeing is a clear 'tipping point' when inflation goes above 3% to 4%. This is when shoppers really start to feel it in their wallets, and they change their behaviour." 'As a result, supermarkets are having to be more creative in the way they attract shoppers in-store and online – offering quality products at the right price.' Kantar said shoppers spent an additional €124m on promotional lines over the last 12 weeks compared to the same period last year. While the total promotional market grew by 17.6%, key categories including table sauces, skin care, deodorant, soft drinks, frozen confectionery and chocolate all grew ahead of this with double-digit growth. However, branded products still hold a higher value share of the total market at 47.4%, compared to own label with 47.1%. Premium own label currently holds 4.1% value share of the total market compared to 3.9% last year. Kantar said that during May, shoppers were in-store an average of 22.3 times, contributing an additional €17m to the market's overall performance. Their analysis clearly shows the impact of the recent good weather. 'Shoppers spent an additional €14m on typical summer fare, including sausages, coleslaw, antipasti, potato salad, non-alcoholic drinks, fabs & mixers, pickles, beer & cider and ice cream," Ms Healy said. "With shoppers taking full advantage of the sunshine, we saw an additional €50,000 spent on suncare compared to this time last year.' Online now accounts for 6% of supermarket sales, with shoppers spending an additional €15.9m through this channel. Dunnes Stores maintains its top position with the largest market share, followed by Tesco, Supervalu, Lidl and Aldi.

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