Tel Aviv [Israel], Israel's Agriculture Ministry said that, according to periodic price calculations, a 4.48 percent increase in the mill price will take effect on May 1, 2024. The price of eggs will remain unchanged. Results The ministry said periodic price calculations showed that prices of dairy products should be increased by an average of 4.48 per cent under consumer supervision. According to Milk's calculations, the update was influenced by the current price increase in the indices. 1.13 per cent, as well as an increase of 3.35 per cent as part of the price spread agreement from May last year, which was signed between the dairies and finance ministry and the agriculture ministry on the eve of the last price hike. The current component was influenced by increases in consumer price index (1.5 per cent), wage index (2.7 per cent) and raw milk price (0.6 per cent). The price calculation is reviewed every six months as per the prescribed formulas. For a year within an automated mechanism that does not require the signature of o Ministers and takes into account changes in the main inputs in the production of products and changes in inputs and price indices. (ANI/TPS)