Milk Price Hike in Bolivia: Merchants Struggle as Sales Plummet

Milk Prices Surge in Bolivia, Causing Sales Slump and Merchant Concerns Bolivia is experiencing a rise in milk prices, impacting sales and causing concern among merchants across the country. The price of a liter of milk has reportedly increased from Bs 6.50 to Bs 8, leading to a noticeable decline in consumer purchases. "The price of milk has gone up to Bs 8 a liter," said one merchant interviewed by Unitel Bolivia. "People are buying less because of the increase. Before, we sold much more." Another merchant added, "At Bs 7, we were still selling well, but now at Bs 8, sales have dropped significantly. It's difficult for us." The price increase, according to the report, is due to reduced milk production. The impact on merchants is evident, with many reporting decreased sales and financial difficulties. The situation highlights the challenges faced by small businesses in the face of fluctuating market prices and the ripple effects on consumers.