e martë, 2 tetor 2007

Wheat price goes up... Bread price reaches 10 x Rs. 3.50

Prima Company has decided to increase the price of wheat flour by Rs. 13 with immediate effect.

Accordingly, the current price of a kilo of wheat flour has gone up to Rs. 66 from Rs. 53.

The Director (Pricing) of the Consumer Affairs Authority said to 'Lanka-e-News' that the company had not informed the Authority about such price hike. Prior permission of the Consumer Affairs Authority is compulsory to raise the price of wheat flour and neither the company asked for the permission nor the Authority consented for a price hike, said the Director.

When enquired about the action the Consumer Affairs Authority would take against the company, the Director said that the government would sue the Prima. She further said that four court cases are being heard in the courts against Prima on previous non-authorized price hikes.

The price of all bakery products will go up with the flour price and the Bakery Owners' Association said that a loaf of bread could be priced Rs. 50 matching to the price of a kilo of rice.

When 'Lanka-e-News' attempted to connect Trade, Marketing Development, Corporative and Consumer Services Minister Bandula Gunawardhana, a Ministry official said that he had gone abroad.

Wheat flour producing countries and exporters recently anticipated a shortage of wheat flour in international markets since a decline of harvests.

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