Prices of regulated dairy products will increase by another 1% this Thursday. Following this increase, a liter of 3% milk in a carton will now cost NIS 6.81 instead of NIS 6.75.
The price of semi-hard cheese Emek 28% fat by weight will cost 48.95 NIS instead of 48.5 NIS. The price of white cheese 5% fat will be NIS 5.43 instead of NIS 5.38, the price of heavy cream 38% fat will be NIS 7.07 instead of NIS 7.6 and more.
It should be noted that last month the decree was said to come into effect according to which it was decided that dairies deserve a 16% increase in supervised milk prices. This is due to the increase in raw milk prices and the postponement of the price increase from last year. This increase was supposed to take place following an agreement between the Ministry of Finance and the dairies. The day before the order went into effect, on April 30, the Ministry of Finance realized that this increase would reflect too high a cost, so that the price of a carton of milk would rise above NIS 7.
This increase will reflect a 9.28% increase in regulated milk prices, Photo: GettyImages
In order for the price of a carton of milk to be lower, the Ministry of Finance decided that the price of supervised dairy products would increase by 9.28% and not by 16%, which is the eligibility of dairies. On April 30, the order on an increase of 8.28% was signed, and an update has now been signed to the order on an increase of another percentage point starting this Thursday.
Overall, this increase will reflect an increase of about 9.28% in supervised milk prices, most of which took place already in May. Prices of regulated dairy products will increase by another 1% this Thursday. Following this increase, a liter of 3% milk in a carton will now cost NIS 6.81 instead of NIS 6.75.
The price of semi-hard cheese Emek 28% fat by weight will cost 48.95 NIS instead of 48.5 NIS. The price of white cheese 5% fat will be NIS 5.43 instead of NIS 5.38, the price of heavy cream 38% fat will be NIS 7.07 instead of NIS 7.6 and more.
"In order for the price of a carton of milk to be lower, the Ministry of Finance has decided that the price of supervised dairy products will increase by 9.28% and not by 16%, which is the eligibility of dairies," Photo: Reuters
It should be noted that last month the decree was said to come into effect according to which it was decided that dairies deserve a 16% increase in supervised milk prices. This is due to the increase in raw milk prices and the postponement of the price increase from last year. This increase was supposed to take place following an agreement between the Ministry of Finance and the dairies. The day before the order went into effect, on April 30, the Ministry of Finance realized that this increase would reflect too high a cost, so that the price of a carton of milk would rise above NIS 7.
In order for the price of a carton of milk to be lower, the Ministry of Finance decided that the price of supervised dairy products would increase by 9.28% and not by 16%, which is the eligibility of dairies. On April 30, the order on an increase of 8.28% was signed, and an update has now been signed to the order on an increase of another percentage point starting this Thursday.
Overall, this increase will reflect an increase of about 9.28% in supervised milk prices, most of which took place already in May.
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