Woolworths and Coles have announced their plans to up the price of private label milk to keep up with the rising cost of living.
The supermarket giants claimed that the rise in milk prices is set to cover rising supply chain costs and increased farmgate prices for milk producers.
Coles made the announcement on Wednesday that the price of “fresh white” milk and UHT milk products would be increasing by a minimum of 60 cents.
The move to increase prices comes after the grocery store chain were forced to increase their payments to farmers.
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