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Article: Price flash: fresh produce: an average of prices from Tesco, Asda, Sainsbury and Morrisons ([pounds sterling]).(Market edge: FRESH PRODUCE)
- Article from:
- Grocer
- Article date:
- June 11, 2005
CopyrightCOPYRIGHT 2005 William Reed Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Nine of the 10 products in our fresh produce basket registered a change this week--ore than at any time since we introduced Price Flash.
The total cost of our fresh produce basket has increased 13.1% since May 3, and it is now 9.6% more expensive than it was on January 10.
White seedless grapes accounted for the greatest price rise, 75.3%, led by all four retailers increasing their prices. This reflected the traditional seasonal changeover from Indian and Chilean sources to less plentiful supplies from Mexico and Egypt.
Bananas rose 14.9% following identical rises at all four retailers. This is the first major rise in banana prices for years, ...