Russia’s largest milk producer increased its prices

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Wimm-Bill-Dann increased milk sales prices for retail chains by 3.4% from 1 November. The company is Russia’s largest producer of drinking milk. about this reports Vedomosti newspaper cites the Wimm-Bill-Dann information letter to retailers.

This increase was due to an acceleration in the growth rate of raw milk prices under the influence of external factors, including record high wholesale prices and increased demand for the fatty component of milk for the production of butter, the report said.

Other reasons for the increase in the price of milk on the shelves of Russian stores include increased costs for producers in packaging, logistics, loan interest payments and employee salaries.

Cost of a 900ml bottle of milk last year grew up It increased by 14.7% to 86.6 rubles.

Russians before accused increase in butter prices.

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