The NY Daily News has a story today about rising food prices in Brooklyn. Featured in the piece is Key Food owner Ivan Arguello:
NY Daily News: Rising Food Prices…: “It’s a nationwide phenomenon,” said Ephraim Leibtag, a retail food price expert for the U.S. Agriculture Department, of the food price increases.
“New York is more expensive to buy food all the time, regardless of what’s going on,” Leibtag said, citing high rental prices and transportation costs as reasons.
“The question is, are the stores ripping customers off, or are they passing on the higher costs?”
Definitely the latter, said Ivan Arguello, owner of a Key Food Supermarket in Brooklyn Heights.
“We have an increase in price, but we’re making the same percentages,” insisted Arguello.
“There have been a lot of surcharges with trucks. They had done it in the past, but even more now because the price of gas is going up.”