Price of a bottle of water soared by 30%

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The price of bottled water in the market has surged, reports said. A 1.5 litre bottle of water which was sold for Rs. 90 has gone up to Rs. 120, a surge of approximately 33 per cent.

This comes in following the price hike designated to almost every essential and non-essential items in all categories in the market. The ongoing dollar deficit and the depreciation of the Sri Lankan Rupee is attributed to the crisis.

The depreciation of the Sri Lankan Rupee has a direct impact on the importation of commodities, but the prices of locally produced goods being risen in the same manner would be a serious problem.

People are wondering how the dollar crisis affects drinking water bottles in a country with so much drinking water.

Meanwhile, the prices of imported milk powder have increased and the prices of local milk powder have also been increased.

Reports said that the manufacturers and importers have also decided to increase the the prices of face masks by 30 per cent.

MIAP

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