{"id":69879,"date":"2025-09-17T16:22:20","date_gmt":"2025-09-17T16:22:20","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/69879\/"},"modified":"2025-09-17T16:22:20","modified_gmt":"2025-09-17T16:22:20","slug":"get-used-to-higher-food-costs-inflation-hitting-consumers-pockets-with-the-price-of-butter-alone-up-50pc","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/69879\/","title":{"rendered":"\u2018Get used to higher food costs\u2019 \u2013 inflation hitting consumers\u2019 pockets with the price of butter alone up 50pc"},"content":{"rendered":"

Meat, milk, sugar, olive oil and butter prices in this country have shot up, with sugar and olive oil prices also up more than 50pc in the last decade.<\/p>\n

Staples such as bread have had much more modest price rises, according to an analysis of Eurostat price data by savings platform Raisin Ireland.<\/p>\n

Meat prices are up massively this year, with beef and products such as veal now costing over 20pc more at the end of last year.<\/p>\n

Independent economist Austin Hughes said: \u201cThere continues to be upward pressure on meat prices and dairy products,\u201d adding that consumers should get used to high food costs.<\/p>\n

This stands in contrast to related products such as yoghurt, which has risen only 0.5pc. <\/p>\n

Consumers will be struggling to keep up with soaring butter prices, with an 8.1pc increase this year alone and almost 50pc rise in the last five years.<\/p>\n

The butter products used to calculate the Eurostat index includes Kerrygold and supermarkets\u2019 own brands.<\/p>\n

\n

For lower-income households, these spikes hit much harder<\/p>\n<\/blockquote>\n

Potatoes have decreased slightly in price over the course of 2025. Sugar costs are up 56pc in the last decade, with olive oil now 53pc more expensive than 10 years ago.<\/p>\n

The Eurostat category of coffee, tea and cocoa has risen by 21pc in the last decade.<\/p>\n

Climate change and severe storms have dramatically lowered harvests of these plants.<\/p>\n

\"The<\/p>\n

The price of butter has soared – but it’s not the only thing in your shopping basket that is eating away at your budget. Stock image: Getty<\/p>\n

Today’s News in 90 Seconds – September 17th<\/p>\n

In contrast to the volatility seen in meat, sugar and dairy prices, the cost of plant-based foodstuffs has remained relatively stable.<\/p>\n

Rises for healthy options such as fruits and vegetables remain modest.<\/p>\n

Country head at Raisin Ireland Eoghan O\u2019Hara said that some of the big increases in individual food items often masked price differences across products.<\/p>\n

\u201cThese differences have very real consequences for consumers,\u201d Mr O\u2019Hara said. \u201cFor lower-income households, who might spend a larger share on essentials, these spikes hit much harder.\u201d<\/p>\n

The price rises are expected to continue. Figures out earlier this week from the Central Statistics Office show that agricultural prices, often seen as a proxy for food prices, jumped by more than 17pc in the year to June.<\/p>\n

Head of the agri sector at Bank of Ireland Eoin Lowry said Irish farmers are set for their most profitable year in decades, with average farm incomes forecast to surge 39pc to \u20ac48,500 in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"Meat, milk, sugar, olive oil and butter prices in this country have shot up, with sugar and olive…\n","protected":false},"author":2,"featured_media":69880,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,2107,179,18,19,17,13190,2108],"class_list":{"0":"post-69879","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-charlie-weston","10":"tag-economy","11":"tag-eire","12":"tag-ie","13":"tag-ireland","14":"tag-kerry-group","15":"tag-money-experts"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/69879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=69879"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/69879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/69880"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=69879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=69879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=69879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}