The price of bananas, chocolate and alcohol may increase due to shortages and strikes
A strike by coastal workers at Eastern and Gulf ports on Tuesday could cause major disruptions to the supply of popular products, causing major concern in the trade sector. Businesses are closely following the approach of the 12:01 a.m. strike deadline on Tuesday, while there is still no sign that they are getting close to an agreement. According to CNN’s report – which was seen by Pénzcentrum – the availability of several products may decrease as a result of the strike, including chocolate, alcohol, popular fruits, and certain car brands.
Price and stock shortages: expected effects of the strike
Depending on the length of the strike, there may be a shortage of certain products, which may result in a price increase for the goods that are still available. The holiday shopping period is expected to be less affected by the situation, as retailers have already stockpiled their stock for the holidays in advance. According to Jonathan Gold, vice president of the National Retail Federation, the peak shipping season usually runs from July to early November, but this year companies have moved the timing forward to late May or early June.
However, the transport of fresh, perishable goods such as fruit and vegetables can be at serious risk. A significant portion of the bananas consumed in the United States, as well as 90% of imported cherries, come from these ports, making these products particularly vulnerable to disruptions caused by the strike.
Related news
Czechs would tighten alcohol regulations – more and more people support restrictions
A significant portion of the Czech population is calling for…
Read more >We celebrate World Chocolate Day!
It’s hard, even painful, to imagine a world without chocolate…
Read more >Two special food products will be placed under a new tariff heading
On 19 June 2025, the European Commission published new implementing…
Read more >Related news
From production to stores, Pandora is integrating its jewelry with SAP solutions
Pandora is looking to leverage the best of technology to…
Read more >Summer rejuvenation requires conscious decisions
Summer vacation is about recharging – or so it would…
Read more >Choosing a beach wisely: this is how the touristic map of Lake Balaton is changing
Lake Balaton remains unbeatable among domestic holidaymakers – however, it…
Read more >