Pasteurized milk’s worth hike unjustified, says customers affiliation

The island’s customers affiliation on Wednesday described unjustified the latest worth enhance by about 3 per cent of pasteurized milk.

The affiliation referred to as on the Commerce and Trade Ministry in addition to the Shoppers Safety Authority to intervene and take measures that truly defend the patron.

The milk market in Cyprus is actually an oligopoly with two massive firms controlling the market. There’s a third however smaller firm.

A examine carried out by the affiliation exhibits that the worth of electrical energy and gasoline are on the identical ranges they have been in 2018, whereas the worth of pasteurised milk is 5 per cent greater now in contrast with then.

On the identical time, the affiliation identified that cow farmers stated they won’t be elevating the worth of milk.