Supermarkets gear up for record Christmas sales as grocery price inflation falls to 8.6pc - News Summed Up

Supermarkets gear up for record Christmas sales as grocery price inflation falls to 8.6pc


Grocery price inflation has fallen to its lowest in more than a year, coming in at 8.6pc in the three months to the end of November, compared with the same period last year. Kantar research shows the price of Brussels sprouts and Christmas pudding is also down, although the total price of a Christmas dinner has risen 3.2pc on last year. Still, this Christmas is expected to be a bumper one for supermarkets, as Kantar data shows grocery sales are set to surpass €1.4bn for the first time ever this month. Lidl holds a 13.2pc market share and saw growth of 10.4pc year on year, thanks to more frequent trips. Aldi holds an 11.7pc market share.


Source: Irish Independent December 11, 2023 17:07 UTC



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