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Irish grocery market slips back into decline - report

The grocery sector declined by 0.5 per cent last year due to falling inflation.

THE IRISH GROCERY market has fallen back into decline after four months of modest growth, according to figures published by a leading market researcher.

Falling inflation is positive news for shoppers, but it has also resulted the sector declining by 0.5 per cent on the same period last year, according to Kantar Worldpanel.

David Berry, commercial director at Kantar, explained that over the past year any growth seen in the sector had been driven by an inflation rate of about 3.8 per cent.

“As competition between the main retailers has continued the level of inflation has dropped back over the past four months, with the latest figures showing price inflation of just 1.9 per cent,” he said. “Although a lower rate of price inflation is good news for shoppers, there is no immediate sign that this is changing their current shopping behaviour.”

As shoppers continue to look for the best deals, many are turning to own label products – which in turn is placing pressure on branded items, according to Kantar. Such items have seen a drop in market share from 54.1 per cent to 52.9 per cent over the past year.

However, some major retailers saw strengthened performance, with SuperValu lifting its share from 19.7 per cent to 20 per cent. The group has cited a launch of a “comprehensive” own label range for the change.

Meanwhile, Aldi continues to post the strongest growth with sales increasing by just over 20 per cent in the past year.

Tesco and Lidl also continue to out-perform the market, according to Kantar.

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21 Comments
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    Mute Michael Holland
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    Jan 24th 2022, 7:37 AM

    Isn’t it time there is only one colour diesel.. I’m sure the farmers could claim back the vat /payment difference… both governments should wake up!

    121
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    Mute Aidan Haughey
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    Jan 24th 2022, 7:56 AM

    @Michael Holland: that’s happening in North April

    27
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    Mute LaoisWeather
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    Jan 24th 2022, 9:55 AM

    @Michael Holland: Isn’t it time taxes were cut on fuels. €1.65 per litre is a rip off.

    48
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    Mute Earth Traveller
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    Jan 24th 2022, 9:57 AM

    @Michael Holland: I have a couple of questions. Why sell diesel at two different prices? Why is the problem only occurring in border counties and not elsewhere in the country?

    18
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    Mute Tony Mc Grath
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    Jan 24th 2022, 8:03 AM

    I’m sure the Government in waiting will sort this problem out. You can’t beat inside knowledge.

    100
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    Mute James Beattie
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    Jan 24th 2022, 9:13 AM

    @Tony Mc Grath: is that why the current government dealt with a redress scheme recently for all the murdered babies in the mother and baby homes ?

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    Mute James Beattie
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    Jan 24th 2022, 9:13 AM

    @Tony Mc Grath: ‘inside knowledge’ is that why the current government dealt with a redress scheme recently for all the murdered babies in the mother and baby homes ?

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    Mute John Mulligan
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    Jan 24th 2022, 10:12 PM

    @James Beattie: great deflection! That will make everybody forget about ‘good republican’ diesel.
    Take any Easter lily from the middle shelf.

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    Mute B
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    Jan 24th 2022, 6:44 AM

    Plus the cost of cars wrecked by running on washed diesel.

    65
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    Mute John Mulligan
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    Jan 24th 2022, 10:13 PM

    @B: Mary Lou still owes me 1k for that.
    But all the free stuff will make up for it.

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    Mute David Dineen
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    Jan 24th 2022, 9:24 AM

    They havent gone away yoi know..

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    Mute John Mulligan
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    Jan 24th 2022, 10:15 PM

    @David Dineen: they’re away washing diesel.
    And beating the odd lad to death, just to show they haven’t gone away.

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    Mute Bri Lyons
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    Jan 24th 2022, 11:41 AM

    They are good republicans.

    26
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    Mute James Gorman
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    Jan 24th 2022, 8:53 AM

    Be cheaper to make a better effort in stopping diesel laundering

    20
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    Mute Fiona Fitzgerald
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    Jan 24th 2022, 3:20 PM

    @James Gorman: Is it fair to assume that in order to need laundering, the laundered diesel is stolen diesel in the first place? So many euphemisms are used when NI is involved, it’s tricky to follow what they’re saying – or more usually what they aren’t saying!

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    Mute Earth Traveller
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    Jan 24th 2022, 9:59 AM

    I’ve a couple of questions for someone out there:
    Whey sell diesel at two different prices?
    Why does the problem occur only in border counties?

    12
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    Mute billy bound
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    Jan 24th 2022, 12:47 PM

    Waste of money. Just drop the price instead

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    Mute Barrycelona
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    Jan 24th 2022, 2:44 PM

    Sure why wouldn’t they do it. If the fines were equivalent to the amount being spent on the clean ups with a jail sentence thrown in on top. Then it would stop pretty quickly. Govt don’t want to update legislation to increase fines because it might offend their buddies

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