Potato prices rise on global shortage

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Irish Potato 2019 regulations require traders to package potatoes in 50 kilogramme bags. FILE PHOTO | NMG

Multinational fast-food franchises are grappling with expensive imports of potato following a shortage of the produce in their leading source market coupled with a 30 percent duty imposed by the Treasury last July.

Prices of the commodity have shot up by up to 45 percent in four months.

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