Retailers deny price decline
THE LATEST CPI figures showing vegetable prices are down 10% has left many local greengrocers scratching their heads.
Fruit and vegetable sellers say they’ve seen little evidence of prices coming down since the floods earlier this year and they aren’t expecting it to happen any time soon.
The national peak industry body for vegetable growers, Ausveg, yesterday latched onto the CPI figures, saying it showed vegetable prices were returning to normal after the 16% jump in the March quarter.
“We were certainly expecting prices to normalise a fair bit this quarter and that’s the message we’ve been getting from our growers,” Ausveg spokesman Andrew White said.
“This is good news for the vege-table consumer. Prices and supply have clearly returned to more normal levels and this is validated by this 10% drop in vegetable prices.”
But Phil Morrow, of East Side Fruit Supplies at Ballina, said he was not seeing prices come down: “I’d like to see it happening, but it’s not. Prices might come down for a couple of days, but then they go up again.”
A spokeswoman from Lombardos’ Fruit Market at Goonellabah backed his comments: “I don’t see too much of it happening. It will happen eventually, but not yet,” she said.
Prices should shift as warmer weather brings increased supplies.
FRUIT AND VEG PRICES
- Oranges and other citrus