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Soaring food prices so hard to swallow
Irish Daily Mirror
|May 30, 2023
GROCERY inflation has soared with the spike for the first quarter of this year the third fastest since global economic crisis of 2008.
Data released yesterday revealed a 16.5% hike in the cost of a household's shopping basket.
Experts say huge price increases are evident in figures which show the volume of online sales are down 16.3% compared to last year, yet the reduced level of web purchases has cost €5.3million more year-on-year.
The figures were released by data analytics company Kantar which reported "grocery price inflation is the real driving factor" behind the higher values as opposed to increased purchasing".
Denne historien er fra May 30, 2023-utgaven av Irish Daily Mirror.
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