BREAKING NEWS

Tnuva reneges on lower cottage cheese price

By GLOBES

JULY 6, 2011 16:50

One week ago Tnuva Food Industries Ltd. made the dramatic announcement that it was lowering the price of cottage cheese to retail chains to NIS 4.55 including VAT, and that the recommended price to consumers should be NIS 5.90 per container. Yet it now seems that the announcement has been contradicted.

A document obtained by Globes shows that Tnuva has in fact told the retail chains that the price of cottage cheese should be NIS 4.55 before VAT, effectively raising the price to NIS 5.30 after 16% VAT is added. This price is above the NIS 5 threshold that the leaders of the consumer boycott set.

Last week when Tnuva made their announcement about the lower price Globes explicitly asked the company if the new price included VAT and was clearly told by Tnuva's spokesman that it did.

The retail chains today accused Tnuva of "throwing sand in the public's eyes" and said that a PR exercise at the public's expense had taken place.

Ambrey receives alert of incident 15 nautical miles west of Yemen's Mokha

By REUTERS

04/26/2024 06:42 PM

Itamar Ben-Gvir in minor car accident after visiting terror attack site

By JERUSALEM POST STAFF

04/26/2024 06:25 PM

Netanyahu says ICC decisions will not affect Israel's actions

By REUTERS

04/26/2024 05:27 PM

Berlin police clear pro-Palestinian camp from parliament lawn

By REUTERS