Higher food prices looming for Irish shoppers Seen & Heard: BoI branch closures, cyberattack fines and Cork firm sues Walmart
Sun, Feb 28, 2021, 11:01
Irish shoppers face higher prices and reduced choice, according to Food Drink Ireland. File photograph: iStock
Irish shoppers face higher prices and reduced choice, with a group representing leading food companies blaming Brexit, the Business Post reports. Food Drink Ireland, the Irish Business and Employers’ Confederation lobby representing major food groups such as Nestlé, Danone and Unilever, notes that tariffs of between 8 per cent and 30 per cent are being levied on items such as yoghurts, cereals, baby food, drinks, snacks and pet food routed to the Irish market through the UK. Pressure on manufacturers to absorb the additional costs would not be sustainable in the long run, industry sources told the paper.