Three of Israel’s largest meals and shopper items firms introduced imminent worth rises yesterday.
The primary was Unilever, which notified retailers of an increase within the costs of a few of its merchandise averaging 3.5%, with some rises as excessive as 9%. Unilever mentioned that the worth hikes would apply to merchandise the costs of which haven’t risen up to now two and a half years, and that “we made an effort to attenuate the worth rises as a lot as attainable.”
Unilever additionally mentioned that there can be no change within the costs of its chocolate merchandise, ice lotions, and most beauty merchandise. Among the many merchandise that can grow to be dearer are breakfast cereals, Knorr soups, and Pinuk merchandise. The worth rises will come into drive on Could 15.
Inside minutes, meals large Strauss Group notified retailers of an increase of as much as 1.5% in costs of dairy merchandise, which it defined by the rise introduced by the Ministry of Economic system and Business and the Ministry of Finance within the worth of uncooked milk and in costs of managed dairy merchandise. The rises will come into drive on June 3.
Not lengthy afterwards, the Central Bottling Firm (Coca Cola Israel) notified retailers of a 2.3% common rise in costs of carbonated drinks, Fuse Tea, Somersby Cider, mineral water model Neviot, and Prigat tender drinks.
Tara, which is owned by the Central Bottling Firm, additionally introduced a 1.4% rise within the costs of managed dairy merchandise. Costs of merchandise not topic to cost controls will rise by 2.7% on common.
Later within the day, Gad Dairies introduced a median 1.5% worth hike, to return into drive on June 3, after the Shavuot (Pentecost) vacation, on which dairy merchandise are historically consumed. It too blamed a 3% rise within the worth of uncooked milk, and the rise in managed costs of some merchandise.
Final week, Israel’s largest meals firm, Tnuva, introduced an increase within the costs of its dairy merchandise. On Could 11, costs of controlled-price merchandise will rise by a median of 1.4%, apart from the worth of butter, which is able to rise by 4.5%. Tnuva mentioned that costs of milk-alternative merchandise wouldn’t rise, and that the worth hikes have been within the wake of worth rises introduced by the state.
The dam was breached by importer Diplomat, which notified retailers final week of rises of 14-15% on some merchandise. However to evaluate from previous expertise, the rises won’t cease there, and it’ll not simply be the meals firms concerned.
Printed by Globes, Israel enterprise information – en.globes.co.il – on April 29, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
