Inflation is cooling. So why is orange juice so expensive right now? – Yahoo Finance

From Google: 2024-09-14 07:42:11

Despite overall inflation cooling, the price of orange juice is on the rise due to a combination of factors. Orange juice production has been hit hard by hurricanes in the past few years, leading to lower supply. At the same time, consumer demand for orange juice has increased during the pandemic, further driving up prices. As a result, the cost of a gallon of orange juice has nearly doubled over the past year, causing concern for consumers and producers alike. These factors are contributing to the current high price of orange juice, even as overall inflation remains relatively subdued.



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