Retail

Explainer: What’s going on with food prices, and what’s being done about it?

Government met leading grocery sector retailers today. Here’s what you need to know

A meeting of the Retail Forum today came following pressure on the government to introduce emergency price caps. Picture: Getty

Government met leading grocery sector retailers on Wednesday to discuss prices being charged to consumers.

The meeting of the Retail Forum came following pressure on the government to introduce emergency price caps.

Neale Richmond, a minister of state at the Department of Enterprise, Trade and Employment, said retailers in the food sector “have to step up to the plate” when it comes to combatting grocery inflation.

Here’s what you need to know.

What is the ...