Tesco Ireland is the latest supermarket to announce a drop in its own-label milk prices, becoming the third retailer to cut milk prices in recent days.
The supermarket has moved to cut the price of 2l of fresh milk from €2.45 to €2.35 and a litre of milk from €1.25 to €1.19.
“While cost pressures remain across the supply chain, we’re committed to keeping prices affordable and helping households to manage their weekly shop, without compromising on quality or our support for Irish suppliers,” a Tesco spokesperson said.
“We’re further investing to match own-label milk prices in the market to ensure customers continue getting great value on the essentials that matter most to them, whilst also continuing to support the thousands of Irish farming families we work with.”
Aldi applied a to cut its milk prices over the weekend, with 2l of milk being reduced from €2.45 to €2.35 and 3l of milk going from €3.55 to €3.39.
Lidl
The price cuts come following the move by Lidl on Friday to cut its price for a 2l carton of milk from €2.45 down to €2.35 and cuts across it’s range of fresh milk products.
Robert Ryan, CEO of Lidl Ireland and Northern Ireland said: “This price drop represents a significant investment; but we are determined to support our loyal shoppers and reduce prices on the products that matter the most to demonstrate our commitment to always being the best value retailer in the country.
“All our milk is sourced in Ireland, and we take great pride in bringing locally sourced, quality milk at the best value on the market to households across Ireland,” he said.
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