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Get your free copyThe figures come from a survey the watchdog carried out about the rising cost of household bills.
The report also found that 96% believe food is more expensive than a year ago and 80% have made changes to the way they shop as a response to higher prices.
Aodhan O’Donnell, director of policy and education, said, “We are aware of work done in Britain looking at how rising food costs are affecting consumers, but there hasn’t been any Northern Ireland-specific research. Food and everyday household items are essential to a person’s quality of life and consumers here already endure some of the highest prices in the UK for petrol and diesel, energy and car insurance.
“Consumers are voicing their concerns to us and this research will explore further how rising food and grocery costs are placing an additional strain on some household budgets,” he added.