Milk, Eggs, and Baby Food... Children's Food Prices Also Rising One After Another

[Asia Economy Reporter Song Seung-yoon] Prices of milk, eggs, and baby food, which children enjoy, are expected to rise.

According to the industry on the 20th, Maeil Dairies will sequentially increase the prices of some products such as milk and eggs starting from the 1st of next month. The ex-factory price of three types of "easily digestible milk" processed milk will increase by 4.9%, raising the consumer price from 1,000 won to 1,100 won. The ex-factory price of three types of "U-yu-sok-e" will rise by 10%, increasing the consumer price from 1,500 won to 1,650 won.

The ex-factory price of five types of "Almond Breeze" will also increase by 10%, raising the consumer price from 1,000 won to 1,100 won, and the ex-factory price of Sangha Farm juice will increase by 5.1%, adjusting the consumer price from 1,050 won to 1,120 won. The ex-factory price of Sangha Farm eggs will increase by 10.1~11%, raising the consumer price from 6,100 won to 6,800 won.

A Maeil Dairies official said, "Despite enduring the rising costs of raw materials such as international grain prices for several months, it became inevitable to adjust prices for some items such as processed milk, almond beverages, and juice. We decided to raise prices while minimizing the increase."

Baby food products have also joined the price increase trend. Lotte Food plans to raise the prices of "Pasteur I Saeng-gak" baby food and infant food products starting from the 1st of next month. Although the exact rate of increase has not been determined, it is expected to be over 5%.

A Lotte Food official explained, "We have tried to provide high-quality products at reasonable prices, but with the continuous rise in raw material costs, it has become difficult to endure any longer. Therefore, we reluctantly decided to implement the price adjustment at the minimum level, making us the last among major infant food companies to do so."

This content was produced with the assistance of AI translation services.