date:Apr 22, 2022
illion) and volume declining by 2.7 percent.
Higher average retail pricing in Q1 is responsible for most of the sales gains of produce items, with conventional produce average pricing up more than 10 percent compared to Q1 of last year. By contrast, organic fresh produce pricing rose just below 5 percent, suggesting it has been able to absorb more of the increased costs related to the current inflationary environment.
There are some strong takeaways from the Q1 data, most notably that overall