UK baby formula prices at historic high – watchdog ...News

Russia Today - Economy
UK baby formula prices at historic high – watchdog
source : Russia Today ( News ) () 146
The Competition and Markets Authority has announced a full-scale investigation into the rising costs Britain’s Competition and Markets Authority (CMA) announced this week that it was launching an investigation into rising prices on infant formula in an effort to contain the cost-of-living crisis. The decision to scrutinize formula makers follows an earlier report from the watchdog that found a 25% average price increase over the two previous years. The report also showed that families could make significant savings of more than £500 ($632) over the first year of a baby’s life by buying cheaper infant formulas. The

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