Supermarkets have hit back at accusations of price gouging, insisting their prices are competitive and profit margins are low.
It comes after new figures show grocery prices continue to rise, exacerbating the cost-of-living crisis for families.
The Government last week rebuffed proposed Social Democrats legislation that would force major grocery retailers to reveal their profits in Ireland. There is no intention to
reinstate price controls on staples, such as bread, milk, tea and butter, which were imposed in the past.
Social Democrats TD Jennifer Whitmore said in the Dáil that consumers “have a right to know whether surging grocery prices reflect genuine input cost increases or blatant price gouging”, and Deputy Whitmore spoke to us this morning on The Agenda about this.
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