There was mounting evidence across Europe that food inflation was “extremely sticky” he told RTÉ radio’s Morning Ireland. We know that input costs generally are coming down, but food inflation is extremely sticky. “We understand what the input costs are, we understand what labour costs are, energy costs and so on. Look at how they structure the price of goods, look at their costs and look as well critically, of profits across the sector. I would rarely advocate that anybody would follow the lead of the Tory party in the UK, but it just shows you the mess I think that this Government has made of the grocery inflation situation.

Source: The Herald May 30, 2023 09:55 UTC