Drought Forcing Spike in Produce Prices

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The Consumer Affairs Commission, CAC, says for the months of June and July, it has noted a marked increase in the price of agricultural produce sold at farm gates.

In a statement today the CAC says the farm gate price of coconut, Irish potato and plummy tomatoes, have all increased by over 100 percent in the past month.

It says there has been a 40-percent increase in the average price of lettuce, a 50-percent hike in the price of ripe plantain and a 60-percent jump in the price of green cabbage.

The CAC says the price increases are confined to certain regions.

It says it will be monitoring the situation and providing timely update to consumers to allow them to make the best decisions.

The CAC is also urging farmers to seek to strike a balance between reasonable prices and sustainable profits, amid the ongoing drought and overall difficult economic conditions.