Survey: No price drop since Groceries Order abolished
A price survey published today indicates that the abolition of the Groceries Order has failed to lead to lower prices for Irish consumers.
An analysis of food prices has shown the cost of many common items has actually increased since the order was lifted on March 20. It shows that the cost of staple goods in Tesco, Dunnes and Superquinn has increased.
For example, the price of 12 medium eggs has gone up by 12c in Dunnes and Tesco since the order was lifted.
Butter, tea bags, orange juice and crisps were also all found to have gone up in price.
Michael Martin abolished the order in March because he said it was keeping the cost of groceries in Ireland artificially high.
However, this survey does little to support the Competition Authority's estimate that food bills would fall by more than 9% after the order was scrapped.
The survey was carried out by The Sunday Times and the consumer website ShoppingBill.com.
