Retail

Grocery inflation drops to 15-month low as retailers prepare for Christmas boom

Grocery inflation slowed to 8.6 per cent last month, down 1.2 per cent on October

The latest inflationary data come as grocery sales soar, up 7.2 per cent last month, with sales expected to surpass €1.4 billion for the first time this month. Picture: Getty

Grocery inflation dropped to a 15-month low in November as food prices increased 8.6 per cent new figures, from Kantar has shown.

This is down from 9.8 per cent in October and is in line with the ongoing gradual decline in inflation rates, which is set to continue over the coming months.

The latest inflationary data come as grocery sales soar, up 7.2 per cent last month, with sales expected to surpass €1.4 billion for ...