Food and non-alcoholic beverages prices increased by 4.6% in the year to June, significantly higher than the overall inflation rate of 1.8%. Prices for various meat products, including striploin steak and diced beef, have surged; striploin steak is up over €5/kg, while diced beef rose by €2.42/kg. Additionally, dairy products like butter and Irish cheddar are now considerably more expensive. Increases in prices reflect a broader trend of escalating costs impacting many families' purchasing decisions, particularly regarding higher-quality meats and staples.
Overall prices were up by 1.8pc in the year to June. However, food and non-alcoholic beverages prices increased by 4.6pc, which is more than double the general inflation rate.
Meat prices, particularly striploin steak and diced beef, have surged significantly, with striploin steak rising over €5 per kilogram, making it unaffordable for many families.
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