FDBusiness.com

Irish Grocery Purchasing Rises For Fourth Consecutive Quarter

 Breaking News
  • Ardgowan Unveils Plans For Inverclyde Distillery Ardgowan Distillery has revealed ambitious designs for its new £12 million distillery which is being built on the Ardgowan Estate near Inverkip, 30 miles west of Glasgow. The plans showcase the flagship building which has just secured revised planning consent from Inverclyde Council. The striking new design, by Michael Laird Architects, brings a number of improvements [...]...
  • HKScan Launches Exports of Finnish Poultry Products to Sweden HKScan, the Nordic food and meat group, has started exporting Finnish poultry products to Sweden. They will initially be sold through the largest retailer ICA’s outlets under the Karinäs®(Kariniemen®) brand. The launch gives Swedish consumers access to a new innovation: high welfare farm-born poultry that is hatched on the farm where it is raised. This new concept is [...]...
  • Almonds Retain Top Spot For Nut Introductions in Europe According to Innova Market Research’s latest Global New Product Introductions Report, almonds retain the number one spot for nut introductions in Europe. With a 47% share of global almond product introductions, the region leads globally for the eleventh year running. Europe as a whole saw a total of 5,017 new introductions with almonds – a [...]...
  • Arla Foods UK Launches New Standards Model to Bring Sustainable Change to Dairy Farming With ongoing volatility in the global milk markets, increasing consumer misunderstanding of the sector, polarised levels of support for UK dairy farmers and a new post-Brexit Agriculture Bill the challenges for dairy farmers are mounting. Farmer-owned co-operative Arla Foods has launched ‘Arla UK 360’ – a new standard in UK dairy farming. The Arla UK 360 [...]...
  • €172 Million to Promote EU Agri-food Products In and Outside the EU The European Commission will provide funding of €172.5 million from the EU agricultural budget to promote EU agri-food products in Europe and across the world. 79 campaigns, covering a wide range of products such as dairy products, olives and olive oil, and fruit and vegetables, will be rolled out over the next three years. Agriculture and [...]...

Irish Grocery Purchasing Rises For Fourth Consecutive Quarter

Irish Grocery Purchasing Rises For Fourth Consecutive Quarter
May 27
09:25 2016

The amount Irish consumers spend on everyday grocery items, such as food, drinks and toiletries, increased year-on-year for the fourth consecutive quarter, according to Nielsen retail performance data. In the first quarter of 2016, the volume of fast-moving consumer goods (FMCGs) purchased in Ireland rose 1.1% year-on-year, whilst the average prices paid for these goods rose 1.1%. Consequently, grocery retailers saw a 2.2% rise in takings at the tills. The last time there was a year-on-year decrease in takings was Q1 2015 (-0.5%).

The Irish market outperformed Europe as a whole (1.5% rise) and the UK (0.5% rise) – the UK only moving into positive territory for the first time in nearly two years.

Matt Clark, managing director for Nielsen Ireland, says: “With the economy stabilising, Irish consumers are feeling more confident, and we’re seeing that manifest itself in their purchasing behaviour – both in terms of the increases in the amount of goods they’re buying and the average price they’re paying for them.”

Across the 21 European countries measured, Turkey had the highest growth in takings at the tills (+9.7%), whilst Greece had the biggest decline (-6.1%). Of the big five western European markets, Spain (+3.1%) had the highest growth. Germany was the only one of the big five to experience a year-on-year decline in takings at the tills (-0.4%) and one of only four countries in the whole study to decline.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 21, 2018Int'l Food Products Exhibition (Sial)
  • October 25, 2018Italian Espresso Coffee Show (TriestEspresso Expo)
  • October 25, 2018Finnish Food Fair
  • October 31, 2018Int'l exhibition for food products and equipment (Indagra Food)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements