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Fighting the cost of living: milk in Israel is twice as expensive as in the US - voila! Money

2023-05-01T06:20:37.576Z


How many times have you heard about the elite Israeli cow, the world champion in milk production? So in production we may be the leader, but as for the prices, they are double those in the United States


The price of a liter of milk around the world: Even before the price increase, Israel breaks a dubious record (Photo: Daniel Malachovsky)

What does the confirmation of the increase in the price of milk mean?

The price of the milk is very significant, going far beyond the price of a "normal" bag or carton of milk.

The price of milk has a difference, pay close attention, to the price of no less than 5,000 different products, which we meet in the refrigerator at the supermarket, on a daily basis.



From products that contain milk such as cheeses and delicacies - to the price of reverse coffee and breakfast in cafes.


Therefore, the meaning of such an increase, as we are experiencing this morning, whether it will be at the original rate of 16% or if it will be "only" 9.25%, as the Minister of Finance promises, is a green light for manufacturers and importers to raise prices sharply - and the blow in the form of an increase in the cost of living, we will feel We are all in every corner, and soon.



While the treasury is celebrating a "victory" over the dairies, we went out to check the prices of fresh milk in the world even before the price increase that occurred today and brought the price of a liter carton of milk to around 7 shekels.

Where is Israel?

hold tight:



• USA - $0.88 per liter (based on the Walmart chain) - 3.20 NIS per liter


• Germany - 1.15 euros per liter (based on the Aldi chain) - 4.61 NIS per liter


• Turkey - 23.90 Turkish lira per liter (based on the Migros chain) 4.55 NIS per liter


Jordan - 0.74 Jordanian lira per liter (based on the Carrefour chain) 3.80 NIS


Australia - 1.60 Australian dollars per liter (based on the Woolworths chain) 3.85 NIS per liter


Greece - 1.12 euros per liter (based on the AB chain) 4.49 NIS per liter


Poland - 4.59 zlotys per liter (based on the Magasm network) NIS 3.99 per liter



It can be seen even before the milk became more expensive, the price gap between Israel and the rest of the world is huge. And this, please note, only with reference to the regulated milk, because if we examine the non-regulated milk products such as milk from the wealth of the gaps even more significant.



The price gap between Israel and the US for a liter of milk stands at 95% - and we will remind you again that the gap shown is before today's price increase for the Israeli consumer, whatever its final rate may be.

  • Of money

  • consumption

Tags

  • milk

  • the price of milk

  • Milk delicacies

  • cheeses

  • Cost of living

Source: walla

All business articles on 2023-05-01

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