ABC News: Wholesale Vegetable Prices Surge 38%

ABC News reports:

Wholesale prices soared much faster than economists expected last month, stoking concern among some economists about an eventual pass through to consumer prices.

The fresh government data this week showed an eye-popping 38% surge in the wholesale price of vegetables in July, the biggest price spike for any product category. A continued rise of that magnitude could noticeably hike vegetable prices at restaurants and grocery stores within a matter of months, some analysts told ABC News.

The latest report came as consumers await a possible burst of inflation as President Donald Trump’s tariffs take hold. Importers typically offset the tax burden in the form of higher prices for shoppers, though so far tariff-induced price increases have proven marginal.

Read the full article.

Government data this week showed an eye-popping 38% surge in the wholesale price of vegetables in July, the biggest price spike for any product category. But are President Trump’s tariffs to blame?

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— ABC News (@ABC) August 18, 2025