Supermarket salmon prices have gone up more than 20 per cent

Helen Cahill
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West Coast Salmon Fishing Season Canceled
Prices rises are due to Brexit and low supply (Source: Getty)

Salmon prices are on the rise due to the slump in sterling after the Brexit vote.

Smoked salmon prices rose 24 per cent year-on-year in the 12 months ending 26 March, according to research by Kantar Worldpanel.

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Prices on natural salmon in UK supermarkets have jumped 23 per cent.

Currency movements are not the only factor pushing up salmon prices; last year, there weren't enough fish in the sea, driving down yields.

Kantar Worldpanel’s Nathan Ward said: "In terms of fish overall, a lot is bought in euros so changes in the exchange rate have caused prices to rise.

“I can’t see [prices] continuing going up if it is to do with currency change and yield, but I don’t know whether the full effect of those have been passed through.”

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