BREAKING: Trader Joe's has increased the price of bananas for the first time in more than two decades — the price is now 23 cents apiece up from the 19-cent price set in place in the early 2000s, per Axios.
— unusual_whales (@unusual_whales) March 28, 2024
Trader Joe’s customers may experience sticker shock the next time they buy a banana —after more than 20 years, the retailer has hiked the price for the first time.
The price of a single banana has gone up roughly 20%, rising from 19 cents each to 23 cents. A company spokesperson said that Trader Joe’s only changes its prices when costs change.