Netherlands: The consumer price of dairy is stable, but prices ex-farm continue to fall

The consumer price index (CPI) of dairy reached 153 points (2015=100) in May 2023. The CPI has been stable since February. The producer price index (PPI) and ex-farm index have fallen further in the past two months, by 2 percent and 14 percent to 134 and 123 points respectively. The prices of milk and dairy products will be relatively high in 2022-2023 compared to previous years. High energy and feed prices have pushed up dairy prices. The consumer price index (CPI) of dairy ended at about 153 points (2015=100) in May 2023. The CPI has remained stable since February. The individual dairy products show different developments during this period. Both fresh semi-skimmed and skimmed milk and yoghurt fell in price by 1 percent. Long-life milk rose in price by 4 percent. Cheese and quark and other dairy products have remained at the same price level. The consumer price index for dairy is relatively high and will be 23 percent higher in May 2023 than in May 2022. The producer price index ...