Retailer on Cause of Food Cost Increase

The Morton Williams Supermarket chain in New York says the cost of most products has increased dramatically over the past few months. Prices were pretty steady during lockdowns, but since things have started moving again, things are expensive. A cut of fillet mignon beef that cost $12 a pound now costs $17, and a container of berries that cost $3 now costs $5. It says it’s trying not to pass the costs onto the consumer, but it’s not easy.

NTD asked the co-owner, Avi Kaner, what’s causing the sudden spike in prices.

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