Consumer Council released its latest specific price survey on milk powder. Survey result showed that prices of the 8 surveyed products recorded various price differences. The highest price difference recorded was over 30 percent and a Japanese brand recorded price increase of over 10 percent in many retail outlets.

Consumer Council collected prices of 8 brands of milk powder, mainly infant formulas for new born babies, from 28 retail outlets on 26th December. Survey result showed that one surveyed brand was sold at the same price in all surveyed retail outlets, the rest of the 7 brands recorded price differences from the lowest 2.4 percent to the highest 31.52 percent. The greatest price discrepancy was recorded in ‘Snow Brand Smart Baby 1/900g’, which was sold at $230.0 to $302.5.

In comparison with October’s figures, prices of ‘Snow Brand Smart Baby 1/900g’ in many retail spots had been raised by more than 10 percent while prices of other surveyed brands remained stable.

The specific price survey on milk powder is now available on Consumer Council’s website (www.consumer.gov.mo) and in the Council’s ‘Supermarket Price Information Platform’ iPhone and Android apps.