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Friday, July 3, 2009

UPDATE:Irish Grocery Prices Fell 2% Jan-May-Competition Authority

DUBLIN (Dow Jones)--Ireland's Competition Authority said Tuesday grocery prices fell over 2% between January and May due to more competition in the sector, and asked the government to help suppliers compete with U.K. counterparts.
It said suppliers offering better value have contributed to cheaper grocery prices in the U.K. province of Northern Ireland and said Irish clothing retailers find it difficult to find alternative suppliers or to renegotiate prices.


WSJ

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