THIS SECTION IS FOR NEWS AND INTERESTING STORIES RELATED TO FOOD, NUTRITION AND FOOD PROCESSING. THEY ARE NOT NECESSARILY RELATED TO KOSHER BUT MAY BE OF INTEREST TO THE KOSHER CONSUMER, MANUFACTURER OR MASHGIACH.
May 1, 2023 - from Vinnews
"The price of government-regulated dairy products in Israel will rise by 9.28% this week after the Finance Ministry stepped in to spread a planned 16% hike over three years.
"Separately, Financed Minister Bezalel Smotrich intervened to cancel a gasoline price hike that was to have taken effect on Monday.
"The moves come as the rising cost of living tops the Israeli public’s list of concerns, according to surveys.
The last-minute agreement reached by Smotrich will see the cost of basic milk and cheese products go up 9.28% with additional 3.1% increases coming each May through 2026.
"Dairy companies will receive compensation for the postponed price rises."
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