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More price rise misery

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More price rise misery Empty More price rise misery

Post by GD Tue 30 Sep 2008, 7:07 pm

MORE misery is to be heaped on Islanders struggling with the cost of living with the news that milk and bread prices are to go up by more than inflation.

Jersey Dairy has announced that a litre of milk is to rise by 5p next week, while the company that now bakes the vast majority of bread said that prices would go up before the end of October.

The prospect of above-inflation rises in these staple foodstuffs has been described as ‘awful’ by the Age Concern chairwoman, Daphne Minihane. ‘It is just desperate. There is great concern as to how older people are going to cope this winter.’ She urged the States to take action to help those who are going to struggle most to make ends meet.

Both the bread and milk prices are wholesale increases, and it will be up to retailers to decide how to react when they mark up the products to stack on shelves. Jersey Dairy has given notice that a litre of milk will go up by 5p, with 6p going on to the price of an organic litre of the white stuff. And Cimandis, the division of the Sandpiper group that owns CI Bakery, has confirmed an ‘above 4.3 per cent inflation’ rise in bread prices from 21 October. (from thisisjersey)
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