Israel: Dairy Items Being Added to Government Price Setting List

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tenuv.jpgIt appears that the 5% white cheese and 38% fat cream cheese will be added to the list of dairy items that fall under government price setting. Officials report the move will result in the prices of these items dropping significantly.

The recommendation to add these items to the set pricing list followed an analysis of the announced profits of the nation’s dairies. Government officials explain they prefer not to get involved but when they see the profits are too high, at the expense of consumers, it will step in as is the case here.

(YWN – Israel Desk, Jerusalem)