Government urged to investigate soaring baby formula prices as families struggle
An official UK investigation found manufacturers have hiked prices more than their costs increased – and enjoyed high profit margins.
St Vincent de Paul has noted an increase in callers struggling with infant formula costs.
Families who use it spend hundreds of euro per year on formula, and prices have climbed 18-22% since 2021.
A new probe is underway into Britain's market, which like Ireland's is dominated by Nestlé and Danone.
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