Market Bag: Sweet pepper up to $1,500 as vendors predict more price spikes

KINGSTON, Jamaica — The aftermath of Hurricane Melissa has dealt a severe blow to Jamaica’s agriculture sector, leading to a sharp rise in food prices. Agriculture Minister Floyd Green disclosed on Tuesday that the hurricane caused staggering losses amounting to $29.5 billion, significantly impacting the nation’s food supply chain. This week, the Coronation Market in downtown Kingston witnessed heightened frustrations among buyers as prices for essential produce surged. Sweet and hot peppers are now priced at $1,500 per pound, while escallion ranges between $1,000 and $1,500 per pound. Thyme is being sold for $1,200 per pound, and tomatoes cost between $400 and $500 per pound. Vendors warn that prices are likely to escalate further as the Christmas season approaches, compounding the challenges faced by consumers.