Food Inflation

#Food Inflation

As grocery bills soar, experts forecast likely future trends and we look at ways to buy quality, sustainable food for a fair price. A grocery / food prices content partnership with ICMSA

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Jim Power
Jim Power: Budget countdown begins with big promises  
Detail of a man shopping in supermarket
Monthly supermarket spending surges by more than €90m
Further evidence of the rapid rise in food prices

Wed, 02 Jul, 2025

Driver Delivering Online Grocery Order
Grocery prices now rising three times faster than other goods
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

Mon, 30 Jun, 2025

Hands putting a pepper into a basket
How to save on food bills as prices continue to rise
There are a lot of ways to avoid an eye-watering bill when you get to the supermarket till, writes John Hearne

Fri, 27 Jun, 2025

Government has 'left households to feel the pain' of rising food prices, says Sinn FĂ©in
Government has 'left households to feel the pain' of rising food prices, says Sinn FĂ©in
Social Democrats' deputy leader Cian O'Callaghan called on the Government to require all supermarket chains and retailers to publish detailed and full accounts of their profits

Tue, 24 Jun, 2025

Groceries price rises
Revolut customers spending 6% more per transaction on groceries as food prices outpace general inflation
New findings come as CSO figures show food inflation is now running at twice the general rise in price levels

Thu, 19 Jun, 2025

Old broken shoes of a little boy as a symbol for child poverty
Rosita Sweetman: I was poor when the country was — being poor in a rich Ireland must be torture
Ireland is now, statistically, one of the richest countries in the world - but child poverty, or children in consistent poverty, has increased by an astonishing 78% in the past year, according to a new report

Fri, 13 Jun, 2025

woman hand hold shopping cart with Abstract blur supermarket aisle background
Grocery prices jump 5% as inflation surges
Good weather in May results in a €50,000 jump in suncare sales

Tue, 03 Jun, 2025

Consumer watchdog 'should have more powers to probe supermarket pricing'
Consumer watchdog 'should have more powers to probe supermarket pricing'
Proposal to boost powers of Competition and Consumer Protection Commission 

Wed, 28 May, 2025

Spring lamb costs up to €100 as butchers say Easter tradition may be priced out
Spring lamb costs up to €100 as butchers say Easter tradition may be priced out
Rising prices have made spring lamb unaffordable for many Irish families, forcing butchers and diners to rethink Easter traditions

Sun, 20 Apr, 2025

Detail of a man shopping in supermarket
Inflation ticks up to 2% in March
According to the CSO data, alcohol and tobacco saw the largest price increases over the last year, up 4.2%, followed by food and non-alcoholic drinks, up 3.3%

Thu, 10 Apr, 2025

Detail of a man shopping in supermarket
Grocery price inflation increases to 4.5% in March
Rising prices contributing to a 'slowdown in sales, having a marked impact on consumer habits', new market research data shows

Mon, 07 Apr, 2025

Detail of a man shopping in supermarket
Inflation up to 1.8% ahead of US tariffs announcement 
Excluding energy and unprocessed food, inflation is estimated to have gone up by 2% since March 2024.

Mon, 31 Mar, 2025

What's Trump got to do with the price of eggs?
What's Trump got to do with the price of eggs?
Egg prices have been a rallying cry in the US since Donald Trump made it a campaign issue. Clodagh Harrington explains how this staple has become so politically relevant

Thu, 20 Mar, 2025

Table setting
Inflation rate ticks up again for the third straight month
Higher transport and restaurant costs saw inflation rate rise from 1.4% in December to 1.9% in January

Thu, 20 Feb, 2025

Arts Council to be reviewed
Government needs to show 'fiscal restraint' and phase out cost-of-living measures, warns OECD
Intergovernmental agency said public finances need to be made more resilient 

Wed, 12 Feb, 2025

Buying meat at a supermarket.
Storm Éowyn drives additional spending in supermarkets
The post-festive period saw consumers spend more on items that were on promotion with an extra €72m spent during January

Mon, 10 Feb, 2025

Detail of a man shopping in supermarket
Rebound in global food prices to add to grocery costs
Markets brace for trade war under Trump administration

Fri, 03 Jan, 2025

Detail of a man shopping in supermarket
Irish people earn more but housing and cost of living continue to climb, new figures show
Rent and mortgage interest, food prices, and the cost of eating out contributed to the increased cost-of-living, CSO data shows

Fri, 03 Jan, 2025

Groceries price rises
Annual inflation ticks up to 1% during December 
Ireland’s inflation rate in November was 0.5%, compared to an EU average of 2.2%

Tue, 31 Dec, 2024

Irish consumers end 2024 on cautious note but more positive about their finances next year
Irish consumers end 2024 on cautious note but more positive about their finances next year
December Credit Union Consumer Sentiment Index found households were less fearful about the prospects for their own finances in the year ahead, prompting an increase in spending plans

Mon, 23 Dec, 2024

Family Christmas dinner for a celebration with red wine and cheers.
Cost of Christmas dinner for Irish families jumps to nearly €35 this year
Increase mainly driven by price of turkey as well as Brussel sprouts and mince pies, research shows

Mon, 16 Dec, 2024

High services inflation means 'gradual' rate cuts still needed, says Gabriel Makhlouf
High services inflation means 'gradual' rate cuts still needed, says Gabriel Makhlouf
The prospect of a 0.5% rate reduction was discussed by the European Central Bank on Thursday but was ultimately decided against

Fri, 13 Dec, 2024

Grocery store - Vegetables
Supermarkets record best monthly sales so far this year
In the four weeks to November 3, grocers saw their sales increase 6.4% year-on-year reaching €1.16bn

Mon, 18 Nov, 2024

Full shopping cart, customer is stocking vital needs because of global chaos. Shopping with blur supermarket store products, int
Grocery prices continue to rise faster than overall inflation 
Dunnes Stores held the largest share of consumer spend during September after losing it to Tesco last month

Mon, 16 Sep, 2024

Hot topic: Are school meals a good idea or waste of resources and time?
Hot topic: Are school meals a good idea or waste of resources and time?
 Principals around the country have different views on the national rollout of meal scheme

Sat, 14 Sep, 2024

Woman working at a restaurant
Hospitality sector records another slight fall in staff numbers
The drop follows a 1% decline in staff numbers recorded in June as the sector continues to navigate cost pressures.

Fri, 13 Sep, 2024

Fuel prices
Inflation drops below 2% for first time in three years
Prices have risen by 1.7% over the past year, with inflation dropping sharply from the 2.2% annual rise recorded in July

Thu, 12 Sep, 2024

Senior couple going over bills
Ifac warns budget spending splurge could rise household bills by €1000 a year
The Irish Fiscal Advisory Council warns a bumper budget will create 'the illusion of gain' but make cost-of-living crisis worse

Wed, 04 Sep, 2024

SWITZERLAND-FOOD-NESTLE-ANNUAL-GENERAL-MEETING
Nestle joins long list of firms replacing chief executives in bid to regain investor confidence
New bosses started at Dove soap maker Unilever, beleaguered infant-formula maker Reckitt Benckiser and Guinness owner Diageo

Fri, 23 Aug, 2024

Colorful fresh fruit and vegetables for sale in local supermarket
Grocery price inflation ticks up to 2.8% 
Good weather and major sporting events saw increased spending on alcohol, confectionary and savoury products, market research finds

Mon, 19 Aug, 2024

Woman Holding up a shop sign saying: Sorry we're Closed
Dublin coffee shop shutters due to 'broken system'
The cost of cutting Vat for food-led businesses alone would come to around €545m, according to Tax Strategy papers published earlier this year

Fri, 09 Aug, 2024

Lack of border control at Port of Cork hikes cost of fruit and veg
Lack of border control at Port of Cork hikes cost of fruit and veg
A border control post in Cork would save importers thousands of euro at a time per container and maximise quality and shelf life

Mon, 29 Jul, 2024

Wholesale electricity prices plunge by more than 72% from peak
Wholesale electricity prices plunge by more than 72% from peak
In its latest Wholesale Price Index, the CSO also highlighted that electricity prices have plummeted by almost 41% since June 2022

Mon, 22 Jul, 2024

Cost of Living crisis
Grocery inflation drives sales rather than purchasing activity, report suggests
Shoppers are becoming less frugal as affordability improves with easing inflation

Mon, 22 Jul, 2024

Buying meat at a supermarket.
UK grocery price inflation at lowest in nearly three years 
Annual pace of UK supermarket price increases dropped to 1.6% in the four weeks to July 7 from a year earlier, ahead of a decision by Bank of England on interest rate cuts

Tue, 16 Jul, 2024

Pace of consumer price inflation cools to 2.2%
Pace of consumer price inflation cools to 2.2%
There was double digit inflation recorded for certain staple food items such as potatoes and olive oil which were 18% and 24% pricier in the 12 months.

Thu, 11 Jul, 2024

Economy to grow at a slower but healthy pace, says Bank of Ireland
Economy to grow at a slower but healthy pace, says Bank of Ireland
In its economic forecast, the bank said it expects inflation to average 2.3% this year before easing back to 2% in 2025 and 2026

Wed, 03 Jul, 2024

Supermarket spending
The pace of annual price inflation slows to 1.5% in June
Energy prices dropped 5.6% in the period and fell 1% in the month, however, European energy markets are once again feeling the heat as contracts edge higher

Mon, 01 Jul, 2024

Interest rate cuts and lower fuel prices push up consumer sentiment 
Interest rate cuts and lower fuel prices push up consumer sentiment 
Economist Austin Hughes said the mood of Irish consumers 'brightened markedly' during this month as falling energy costs, lower ECB rates and several encouraging economic indicators 'prompted a more favourable assessment of the outlook for household finances and the broader Irish economy'

Fri, 28 Jun, 2024

Grocery shopping is in session
Grocery spending on summer staples drops in June
'Less than typical sunny weather' earlier this month meant shoppers were reaching for soups rather than burgers and sausages for summer barbecues, according to research

Mon, 24 Jun, 2024

Alcohol Drinking - Stock
Irish consumers paying 40% above EU average prices for household goods
We top EU table on spending for hotels, restaurants, tobacco and alcohol

Thu, 20 Jun, 2024

Woman taking out money from wallet
Annual inflation remains flat in May, new figures show
Falling energy prices countered by rising transport costs, CSO data shows

Thu, 13 Jun, 2024

Grocery price inflation dips to same rate as headline inflation
Kantar said grocery price inflation is now at its lowest levels since March 2022

Mon, 27 May, 2024

From inflation fatigue to Ozempic: UCC report finds major changes coming for food companies
From inflation fatigue to Ozempic: UCC report finds major changes coming for food companies
Changes are needed but public will not stomach high prices, writes Ronan Smyth

Mon, 27 May, 2024

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Mick Clifford
Mick Clifford

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