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Food prices on the rise

Reports indicate another wave of price hikes in the food sector, affecting Nestle products and popular winter sweets.


Supermarket in Recife, Brazil, 2016
Supermarket in Recife, Brazil, 2016 · Photo: Wilfredor · CC BY-SA 4.0 · Wikimedia Commons

The Israeli food sector is set to face another wave of price increases, according to reports this morning from Calcalist and i24NEWS. Nestle is expected to raise the prices of its ice cream products by up to 6.8%. Meanwhile, the "Krembo," a popular winter treat, has also drawn consumer attention after its price surged by nearly 50% over the last three years.

Sources: i24NEWS, Calcalist, מעריב — עסקים

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