Banana prices are soaring in UK shops after floods wiped out crops in the Caribbean
Waitrose has become the first supermarket to hike prices and rivals such as Sainsbury’s,Tesco and Asda are predicted to follow.
Waitrose said inflation linked to the fall in sterling’s value had also hit import prices.
It has increased the price of a kilogramme of loose bananas from 72p to 75p.
Bananas were a key battleground in supermarkets for more than two years with the price dropping to just 68p a kilo.
In November last year Asda, Sainsbury’s, Lidl and Aldi increased the price to 72p per kilo.
Tesco and Waitrose followed in December, with Tesco blaming an increase in export costs because of the weak pound.
Waitrose has become the first supermarket to hike prices
Poor weather and flooding in key growing areas such as Costa Rica and the Dominican Republic have hit banana crops in the past few months.
Floods destroyed about a third of the crop in the Dominican Republic
Analysts Mintec said UK import prices for bananas have risen to £810 a ton, up nearly 18 per cent since March 2016.
Alistair Smith, of international co-ordination group NGO Banana Link, said Waitrose had been hit by serious flooding in the Dominican Republic last November.
Bananas were a key battleground in supermarkets for more than two years
He told The Grocer magazine: “Floods destroyed about a third of the crop in the Dominican Republic.
“Waitrose sources its bananas there and Costa Rica so this could be a contributing factor.”
Fruits with HIGH sugar levels Mon, July 6, 2015
Here is a list of fruit which has a high sugar content
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Cherries have high sugar levels in comparison to other berries
Now many of the major supermarkets are increasing their banana prices
Banana Link has campaigned for an increase in shop prices for several years, claiming low supermarket prices put too much pressure on supply chains.
Mr Smith said: “This price increase is a step in the right direction and means growers will lose less money per box.
“But costs for growers are rising much faster than retail prices the UK and I would urge other retailers to follow Waitrose.”