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Irish grocery spending continued to set records to reach a high of
€2.61bn for any January period and the second highest only to the
Christmas period, as grocery prices remained largely unchanged,
according to a major study.
Based on 30,000 items, the latest Kantar Worldpanel Ireland findings showed that €2.61bn was spent in the 12 weeks to the end of January, a huge increase of 3.5% from the same period a year earlier.
The value of the market was only greater for the 12 weeks to the end of December, at €2.63bn, and was therefore the second highest ever, Worldpanel Ireland said.
Prices fell a bit, by 0.1% from the previous period, helped by the surge in the strength of the euro against sterling since the UK voted in the summer of 2016 to leave the EU.
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