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Summary Rising milk price in global market has pushed the rate of cheese on its highest stage in 25 years, while Prices of ice cream will also shoot up.
Price of milk is decreasing after an increase up to 48 percent in global market. The rates of milk have come down to 14 percent after reaching a highest stage within two years.The prices of ice cream and other food item may rise due to increasing milk and sugar prices.According to experts, price hike trend is expected to continue during coming months.Pakistan is fourth biggest milk producing country but the hiking trend at global level is expected to affect the domestic market at minimal level.
