Bread price up

9 September 2010 04:22 pm - 15     - {{hitsCtrl.values.hits}}

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By Supun Dias

The price of a loaf of bread is expected to increase by Rs 3 tomorrow, due to slashed subsidies as international wheat flour prices increase, the All Ceylon Bakery Owners' Chairman N.K. Jayawardena said.

“As the discount of Rs.225 given to the bakery owners for 50Kg of wheat flour was cut off by Rs.150, the price of 1 Kg of flour was increased by three rupees”, Jayawardena explained.

The subsidy was cut down as the price of wheat flour in the international market increased. Along with this price increase, the prices of other bakery products too will increase, he said. 

The new price of a loaf of bread will be between Rs.41 to Rs.45. “There is drop about 50 percent of bread sales. We have to sell the bread through intermediaries”, he added.

“As cost of production has increased, the Association’s Executive Committee will decide tomorrow about the price hike. But definitely a price hike can be expected”, Mr. Jayawardena said.

Speaking to Daily Mirror the Director General of the Consumer Affairs Authority Mrs. Chandrika Tillkaratne said that they have not been informed of a price hike.

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  Comments - 15

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  • Watchman Friday, 10 September 2010 07:15 AM

    Is the price hike due to healthnproblems...?

    willows Friday, 10 September 2010 07:23 AM

    Jayaweva, begining of the begining Suba anagathayak ????

    Ruwan Thursday, 09 September 2010 09:55 PM

    18th Amendment Bonanza!

    Nalaka Thursday, 09 September 2010 11:15 PM

    The foolish people who ate “Kiribath” to celebrate the 18th amendment, can now eat “Hulang” instead of “Paan”!

    Helasebala Friday, 10 September 2010 07:29 AM

    Why do we wear shoes..is it cold here..why do we wear banians, shirts , trousers & neck tie in hot sun..do we have winter here..Similarly why do we consume bread here..do we have a surplus produce of wheat flower here..and have nothing to do with it? -

    Smart Aleck Thursday, 09 September 2010 11:40 PM

    Anyone protesting will be arrested!

    pwc Friday, 10 September 2010 08:04 AM

    Why not, Now the price of rice has come down to 45-55. People spend more to take medicine after eating Bread. So what's wrong having rice even if it's bit high in price, and refrain from illnesses ???

    Nihal Friday, 10 September 2010 09:08 AM

    the 18th Amendment has nothing to do so with the price of flour going up. Those who are relating the two need to remove their politically biased glasses. We heard recently that the latest US national debt is 12 trillion $ and forcasted to go up to 22 Trillion in 5 years, I suppose that is because Obama was appointed Prez, eh? Lets think in an educated way!!!

    Ruwan Friday, 10 September 2010 04:57 AM

    In light of the increasing price of bread consider switching to rice. My experience in switching to rice has been very good for the health especially people who are weight conscious. Please note that I am not supporting a price increase or the government’s move to slashing of subsidy for bread!

    pwc Friday, 10 September 2010 05:33 AM

    Babanis, cake is made of flour. So no difference. Eat rice with vegetables .Good for the health !!!

    Babanis Thursday, 09 September 2010 04:33 PM

    Jayawewa, Now we can eat cake.

    Deepal Friday, 10 September 2010 06:14 AM

    White bread is harmful to one's health.

    Jehan Thursday, 09 September 2010 04:54 PM

    Here We go..........2/3 rd 18th Amendment Reinstating Merving the Mara Amathi and Heading for 19th Amendment

    Hisham Thursday, 09 September 2010 07:50 PM

    Well, I believe the typical response from the government will be "Do not eat the westerners' food, only eat rice! But, is rice affordable?

    Above the crowd Thursday, 09 September 2010 08:00 PM

    Still cheaper than in Zimbabwe, so why complain?


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