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Article: Price of cheese is rising steadily.(PRICE BASKET)
- Article from:
- Grocer
- Article date:
- March 8, 2008
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Copyright informationCOPYRIGHT 2008 William Reed Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Dairy prices have reached a three-year high, and the cost of cheese is climbing steadily. Pre-packed Blue Stilton is now 41.2% more expensive than a year ago, and is at its highest price since March 2005.
The basket is now 18.7% more expensive than at this time last year, 31% higher than two years ago and 13.5% more than it was three years ago.
Last year's milk price increases are also leading to cheese price inflation.
Further cheese price increases were likely, said British Cheese Board and Stilton Cheese Makers' Association secretary Nigel White.
"What is happening now reflects what happened to milk prices going back 12 weeks, ...