By: Isuru Parakrama
Colombo (LNW): The Bakery Owners’ Association has decided to slash the price of a 450g loaf of bread and other bakery products by Rs. 10 each.
Accordingly, the price slash will come into effect at midnight today (20).
Trade Minister Nalin Fernando on a previous occasion had asserted that the prices of bakery products will be slashed consequent to the announcing of wheat flour as an ‘essential commodity’.
A kilo a wheat flour, which was sold for Rs. 430, is now sold at Rs. 160 – 170, and the prices of bakery products can also be slashed on the assurance that wheat flour prices will not soar again, he added.