Retail

Grocery prices beginning to reflect inflationary slowdown - Kantar

Food prices rose by 12.8 per cent in the 12 weeks to August 6, the lowest level since November 2022

Tesco: Supermarket giant has caught up with Dunnes Stores in terms of market share, with both holding 22.6 per cent. Picture: Getty

The slowdown in grocery inflation is beginning to be reflected on the shelves of Irish shops, according to Kantar, as inflationary rates drop to the lowest level seen since November 2022.

Food prices rose by 12.8 per cent in the 12 weeks to August 6, down from an increase of 14.7 per cent in July.

Take-home grocery sales increased by 6.8 increased in the four weeks to August 6 - which was down to an ...