The Bakery Owners’ Association says that the price of a 450g loaf of bread will be increased by Rs. 10 from midnight today (28).
The association said that a decision was taken to increase bread prices in view of the increase in wheat flour prices.
Bakery owners say that the price of ‘Kottu’ and various short eats will also increase by Rs. 5 from midnight today.
The price of wheat flour had been increased by the relevant companies from yesterday while the bakery owners say that the cost of bakery products have also risen sharply.
Accordingly, under the prevailing situation the All Ceylon Bakery Owners’ Association have decided to increase the prices of bakery products from midnight today.
President of the association N.K. Jayawardena stated that a situation has arisen where the bakery industry cannot be maintained any longer and that bakery owners are facing several serious issues.
He said that it is the first time in history that the price of wheat flour has increased by Rs. 18.50 per kg.
Meanwhile in addition to the price hike in wheat flour there have also reports of shortages of wheat flour in several areas in the island.
