PRICE OF BABY MILK FORMULA INCREASED CLOSE TO 40% IN 4 YEARS

The price of formula milk in Singapore has increased by 20.7% to 39.3% over the last 4 years.

According to data collected by Babyment.com about baby milk powder sold in Singapore early this month, there was a stark increase in price when compared against data collected in December 2012.

To make things worse, the price of formula milk sold in Singapore is much higher than similar ones sold in Malaysia and China, with two formula milk products selling at 2.2 times the price of similar ones in Malaysia.