Price of milk has risen by 26.4 percent

PALMA
THE Federation of Consumers in Action (FACUA) detected, at the beginning of November, another “large” monthly rise in the price of milk, some 6.3 percent.

With this rise, the quarterly accumulated rise in this product is 26.4 percent, according to the organisation.
According to the last study made by FACUA, at the beginning of November the average price of a litre of whole milk was 0.87 euros. In three months the price has risen by between 0.13 and 0.25 euros.

The Consumer organisation has sent its fourth monthly report about this sector to the National Competition Commission (CNC).
This is an organisation which, at the end of October, complained about the “disproportionate rises of this product in August, September and October”.
The Federation asked the CNC to investigate if there are speculative practices going on with the price of milk, which is contrary to the Competition Laws.

The last study made by FACUA, on November 5, put the average price of a litre of whole milk at 0.87 euros.
The study has been made each month since August in six supermarket and hypermarket chains (Alcampo, Carrefour, Dia, Hipercor, Lidl and Mercadona).
In August, the cheapest brand of those examined was 0.50 euros and the most expensive was 0.89 euros.
At the beginning of November only two of the 16 brands examined had a price of below 0.70 euros and the most expensive was 1.05 euros.
The study made by FACUA on September 7 detected an average increase in the price per litre of whole milk of 5.4 percent in comparison with the month before.

Then, at the beginning of October there was an average monthly rise of 12.4 percent.
Elsewhere, the Partido Popular (PP) has presented a video which highlights the increase in the price of some basic food items.
The video show, on a red background, a series of graphic panels.
There is a voiceover saying how, under the socialist government, the price of milk “has risen more than 35 percent, the price of a kilo of bread has risen by more than 30 percent, and the same thing has happened with other goods ,such as chicken, beef and pasta”.