The wave of price increases: 'Gad Dairies announced today (Thursday) to the marketing chains its demand to raise the prices of the dairy products it produces between 10% and 15% - starting November 1.
In doing so, the company joins the 'Tera' dairies, which also announced last month an increase in prices for unregulated dairy products, due to the increase in the target price of milk, starting on October 18.
Gad Dairies stated: "The drastic price increases in Israel and around the world are not leaving Gad Dairies untouched and are affecting us in a variety of areas: raw materials, various packaging factors, production inputs, import prices, and most importantly - the sharp increases in the price of raw milk, which has risen by 241% in the last two years alone.".
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""In the entire last decade, we have only raised prices once, but now we have no choice but to update the Gad price list in order to only partially minimize the increases we have been experiencing for a long time.".
