Irish households are now facing an extra €1,159 on their annual shopping bills if they do not change their behaviour to cut costs, Kantar warned.
It said that with people keeping a close eye on their purse strings after Christmas, shoppers continued to trade down to supermarkets' own label products, with sales rising 10.4%.Sales of premium own label lines reached €152.6m, up €5.7m from last year with €26.7m of that coming from premium own label chilled convenience products in the 12-week period, to register growth of 11.6%.
Today's figures show that many consumers here kicked off 2023 with good intentions, making health a priority. Meanwhile, online sales remained strong during January, up 5.6% on an annual basis with shoppers spending an additional €8.5m in online channels. Kantar said this growth stemmed from an influx of new shoppers in-store, while shoppers returning more often contributed an additional €24.9m to their overall performance.