Article 6JRE5 UK infant formula at ‘historically high’ prices, says watchdog

UK infant formula at ‘historically high’ prices, says watchdog

by
Julia Kollewe
from World news | The Guardian on (#6JRE5)

Competition and Markets Authority launches full-scale investigation after finding costs have risen

The cost of infant milk remains at historically high" levels despite some price falls in recent months, Britain's competition watchdog has said, as it launched a full-scale investigation into baby and toddler formula.

The Competition and Markets Authority (CMA) found in November that the average price of infant formula had risen by 25% in the past two years and families could save more than 500 over the first year of a baby's life by switching to cheaper powders. The findings were part of an analysis of pricing in 10 food categories, which also included milk and ready meals.

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