Trader Joe's Raises Banana Prices After Two Decades
The iconic 19-cent bananas now cost 23 cents, reflecting inflation and rising costs, while the company lowers prices on other items.
- Trader Joe's has increased the price of its bananas from 19 cents to 23 cents, marking the first price hike in over 20 years.
- The price adjustment reflects broader inflation trends and rising costs in the grocery sector.
- The 19-cent banana was a popular item, voted the top produce item in Trader Joe's 15th Customer Choice Awards.
- Experts warn that climate change and diseases like the TR4 fungus could further impact banana prices globally.
- While banana prices have risen, Trader Joe's has managed to lower prices for other items such as raw almonds, romaine hearts, and green onions.