According to the Central Statistics Office, food prices have surged by 4.1 percent compared to a general inflation rate of only 1.7 percent in May. Key staples like butter, cheese, and bread have all seen notable price increases, with butter alone up €1.03. This rise in grocery prices continues despite overall consumer price stability between April and May. Factors contributing to this surge include a 19 percent increase in agricultural output prices, as reported by Eurostat, leading to concerns about sustained high costs for consumers amid warnings from agricultural officials.
Consumers are being forced to pay more for essential groceries, with an increase in prices for staples like butter and cheese outpacing general inflation rates.
Despite a general inflation rate averaging only 1.7%, food prices have risen significantly by 4.1%, indicating a troubling trend for consumers.
CSO statistics show that agricultural output prices saw a staggering 19% increase, making the rise in food costs a pressing concern for consumers.
The decline in overall consumer prices between April and May this year stands in stark contrast to the surge in food prices, highlighting inconsistencies in the market.
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