The price of milk will be going up from this week.
Jersey Dairy has announced an increase of 7 pence a litre at wholesale price, which means that a litre carton will now cost you around £1.60.
It comes as a bitter blow for households already struggling with the rising price of many other groceries, as well as increases to services such as electricity, water and postage costs from the start of this year.
Unfortunately, dairy farmers are themselves facing increases in operating costs, which they say they have no choice but to pass on to the consumer. And unless we are prepared to lose our world-famous Jersey herd and its dairy products, it looks like we’ll have to bear the cost.
The average cost of a litre of milk was £1.34 in January 2022 and £1.56 in January 2023, so let’s hope our supermarkets don’t add too much of a markup during 2024.
Water bills will be going up again next year, with average households set to pay around £30 more as Jersey Water continues its investment in securing the Island's water supply.
The utility provider has confirmed its water charges for 2027, alongside its priorities for the second year of its strategy to 2030.
The Jersey Consumer Council has welcomed calls for stronger protection against so-called ‘subscription traps’, which can leave consumers facing unexpected payments for services they no longer want or need.
The issue has been highlighted following moves in the UK to introduce new measures aimed at making subscriptions easier to understand and cancel.
We’ve been looking at our ‘Basket of Essentials’ on Prices.je, and how the cost of items has changed since we began regularly recording prices in 2022.
Our data shows that while some grocery prices have stabilised in recent years, the overall cost of everyday shopping remains significantly higher than it was just a few years ago.
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