Dairygold chief warns of ‘significant’ food price increases later this year | Business Post

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Dairygold chief warns of ‘significant’ food price increases later this year – LorcanAllen reports.

Conor Galvin, chief executive of Dairygold: ‘There’s no denying that the current wave of inflation in the food supply chain is going to start feeding through to consumer pricing very soon’

Significant food price inflation is set to take hold in Ireland in the second half of this year, the head of one of Ireland’s largest food companies has warned. Conor Galvin, chief executive of Dairygold, the Cork-based dairy co-op, said global food commodity prices were in record territory, and that it was only a matter of time before consumers began to see the consequences in their weekly shopping bills.

 

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