Why will it cost up to 50% more to buy a milkshake or juice?

From May 1, anyone who goes into a supermarket in Catalonia and decides to buy a milkshake, juice, sports drink or sugary soft drink will see their out-of-pocket cost increase by up to 50% on many of these products. The reason for this is that the Catalan government has given the green light to a new tax on these beverages, through a decree law which specifies that manufacturing and distribution companies are obliged to pass this fee on to consumers, adding a charge which, in some cases, may double the final price.

This tax rate will specifically apply to categories of bottled sugary beverages such as soft drinks or sodas, fruit nectar and fruit juices, sports drinks, tea and coffee, energy drinks, sweetened milks, alternative milk drinks, milkshakes and milk drinks containing fruit juice, vegetable juices and flavored water. Continue reading Why will it cost up to 50% more to buy a milkshake or juice?