The PPI for July is at 81.8 (22.8 cpl, VAT inclusive, based on Ornua’s product purchase mix and assumed costs of 6.5ppl).

It's risen slighly since the June PPI, increasing by 0.8.

This is first time Ornua's PPI has increased in 16 months.

Co-ops will be setting milk prices for the month of July from this week.

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