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The wholesale price charged for Guernsey Milk is going to increase in line with inflation from early next year.
The increase of 6.3% will take effect from Sunday 7 January 2024.
6.3% is the current Guernsey RPIx at the end of September 2023.
The Managing Director of Guernsey Dairy said this wholesale price rise will help it offset its higher operating costs.
Andrea Tabel said the amount it costs to run our island's only dairy has been impacted by supply chain challenges and general volatility due to Brexit and other geopolitical instability.
The wholesale price of milk is set by the dairy but the retail price is set by shopkeepers themselves.
The last time the wholesale price changed was in March this year - when it went up by 12.6%.
That was said to be necessary to cover increased costs for farmers and to help reduce the operating deficit at the dairy itself.
The last rise before that was in January 2022.
Milk distributors, including supermarkets and smaller retailers - who buy stocks directly from the dairy - can set their own price for milk following a States directive from 2014. Although retailers can charge whatever they like for milk, most sell it at the same price which is currently £1.70 at the Channel Islands Co op in Guernsey.
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