Fruit and vegetable price volatility compared with the ups and downs of the stock market

Are you noticing the changing prices of your favourite fruit and vegetables from week to week?

Melbourne wholesaler Michael Piccolo said he had never seen so much volatility, with the price of ginger tripling but tomatoes more than halving in cost.

Mr Piccolo said COVID-19, a shortage of pickers and last summer’s bushfires were a few of the reasons why.

“Ginger is between $460 and $500 a box, whereas last year at this time it’d only be $150 to $160 a box,” he said.