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Story summary
- Fresh tomato prices have risen to an average of $2.26 per pound, the highest in nearly a decade.
- The Bureau of Labor Statistics reports a 22.6% year-over-year rise in tomato prices.
- Tariffs on Mexican imports are 17% and significantly contribute to higher prices.
- The ongoing conflict in Iran has raised oil prices and transportation costs.
- Grocery prices fell 0.2% in March despite rising vegetable costs.