Food Inflation Falls – Dunnes holds on to top spot

The latest data from Kantar shows that food inflation in Ireland has fallen to 2.9% in the 12 weeks to 14 April 2024 – down by 12.9 percentage points, compared to April last .

Volumes per trip increased slightly, by 0.4%, as did store visits (1%), with shoppers making, on average, 21.5 trips in the month of April.

The average price per pack grew marginally this month, by 0.7%.

Although value sales are up for April, this was mainly driven by grocery price inflation, rather than increased purchasing.

Within the Irish grocery market, Dunnes Stores still holds the highest market share, at 23.9%, with year-on-year growth of 8% -slightly below last month, when it held 24% of the market.

Tesco follows, with 23% of the market – up by 7.6%, year on year.

SuperValu holds 20.4% of the market and growth of 3.5%. SuperValu’s shoppers  make the most frequent in-store trips, with an average amount of 21.8.

SuperValu also has the strongest growth in volume per trip among Irish retailers – up by 5.8% – contributing an additional €37.4 million to its overall performance.

Lidl holds a 13.6% share, with year-on-year growth of 6.4%.

More frequent trips added €33 million to its overall performance.

Aldo holds 12.1% of the market and a year-on-year decline of 0.6%.

New shoppers and more frequent trips contributed an additional €8.4 million to the discounter’s overall performance.