Egg prices increase in Israel for first time in seven years

A wave of higher food costs in Israel is now hitting products under government price supervision with the announcement last week by the Ministry of Agriculture that egg prices will increase by 6.5 percent, reported Globes.

The reason given is that inputs have gone up, including a 17 percent rise in the price of feed.

The Israeli Ministry of Agriculture price committee stressed that this is the first price hike on eggs in seven years.

A dozen extra-large eggs will soon cost NIS 13.10 (about $4), a dozen large eggs NIS 12.05 (about $3.6) and a dozen medium-sized eggs NIS 11.15 (about $3.40).