The price of Jersey milk is set to go up due to “rising costs”, Jersey Dairy has said.

The company said inflationary pressures were affecting a “wide range of costs” in the industry and consequently the wholesale price would rise by 4p a litre.

In January 2024 the company raised its milk prices by 5%, an increase of 7p, for the same reasons.

Managing director Eamon Fenlon said increases in payroll, packaging and utility and freight costs had caused its operational expenses to rise.

He said: “We have worked extremely hard to find efficiencies wherever we can throughout the year at Jersey Dairy, as have our farmers, but like all other businesses, we have continued to experience increased costs over the last year.

“An independent analysis of profitability of our dairy farms highlighted that an increase in the price Jersey Dairy paid to our dairy farmers for milk supplied to Jersey Dairy was required.”

Mr Fenlon said the company had kept the price rise “to a minimum” and hoped customers understood its reasons for the increase.

The price rise is effective from 13 January.