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No final decision on gas, milk powder price hikes: Ministry

7 January 2019 08:31 pm - 1     - {{hitsCtrl.values.hits}}

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The Industry and Commerce Ministry said today that it had not taken a final decision on the increase of prices of gas and milk powder.

Secretary to the Ministry Ranjit Ashoka said the Consumer Affairs Authority (CAA) was currently analysing the prices of gas and milk powder in the world market.

“Gas suppliers always request to increase prices owing to the depreciation of the Rupee value against the US Dollar, but we cannot meet their demands on every occasion,” he said at a media briefing.

He said if a revision in gas and milk powders prices was needed, it would be made based on current international market prices and compared to the change of Rupee. “It is important that we discuss the matter with the Finance Ministry,” he said.

When asked if there would be a gas price increase, he did not rule out that there would not be so but said the ministry had not yet taken a final decision. (Darshana Sanjeewa)

 

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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • B P I S Perera Tuesday, 08 January 2019 05:24 PM

    You cannot control prices in this economy. To avoid blackmarket creation, price gouging and empty shelves, you have to allow the increase so as to continue supplies.


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