Tesco announces retail price of milk is to increase

Tesco has announced that it has increased the retail price of milk.


A Tesco spokesperson said that prices would increase from Tuesday (6 March) as follows:


1 pt – 33p to 35p (equivalent to increase of 3.52p/litre)
2pts – 64p to 66p (equivalent to increase of 1.76p/litre)
4 pts – ÂŁ1.11 to ÂŁ1.15 (equivalent to increase of 1.76p/litre)


“Tesco has raised the retail price of milk today because of increased costs across the supply chain,” she said.


The retailer lifted the price last June in a bid to inject some stability into the dairy sector, which NFU president Peter Kendall warned last week was in “meltdown”.