The weakened value of the pound in June kept food prices high for Britons. According to the CGA Price Index, fish products were the most highly affected, reportedly due to sea lice farming problems.
Overall, the lessened value of the pound has had the most prominent effect on prices across nearly all food products, from fish, to coffee, to fruit.
According to CGA’s commercial director, Brexit is the main cause of the lower exchange rate, leading to the inflationary prices.
Wholesale fish sellers will be better able to handle these issues if they can optimize their pricing strategies.
Read more: Weak pound keeps foodservice price inflation high
