Grocery inflation steady at less than 3% new data show

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Grocery inflation steady at less than 3% new data show
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Dunnes clinches top spot in supermarket league table, with Teso close behind

Shoppers in Dunnes. The annual rate at which grocery prices have been increasing in the Republic continued to stabilise at less than 3 per cent over the 12 weeks to the end of last month, fresh data from retail analysts Kantar Worldpanel suggests. Photograph: Alan Betson/The Irish Times

As families got ready for school in September sales volume increased by 3.6 per cent with the frequency of shopping trips climbing by 1.5 per cent, the data suggests and with households settling into utumn and back-to-school routines they spent an additional €2.6 million on fresh vegetables and €1.9 million on fresh fruit.

“As shoppers returned to their back-to-school routines, they continued to purchase family-favourite brands brand sales grew by 8 per cent compared to last year, outperforming own-label products once again this period, increasing their value share of total spending to 48.2 per cent,” said Eimear Faughnan, Kantar’s Worldpanel Head of Retail.She noted that even with branded products growing every month, own-label ranges also saw their value sales increase by 3.

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