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Prices of bakery products likely to increase

16 January 2017 01:55 pm - 7     - {{hitsCtrl.values.hits}}

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The All Island Bakers’ Association (AIBA) today warned that prices of all bakery products except for bread would be increased within the next few days because of the increase in the price of ingredients.

The AIBA Chairman N.K. Jayawardane said ingredients such as margarine, palm oil, flour and sugar have gone up in price.

“If the prices of ingredients continue to increase, the prices of the bakery products will also increase. However, we are still to take a final decision,” he said and added that the government had increased the tax on margarine and palm oil. “We have to pay about Rs.185 for a kilogram of margarine and Rs.120 for a litre of palm oil only as tax. We hope the government will intervene in reducing the taxes at least on essential ingredients,” he said.(Darshana Sanjeewa)

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  Comments - 7

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  • Lanka Tuesday, 17 January 2017 05:40 AM

    Such ingredients as margarine, palm oil, refined flours are part of the health problems people are facing. We need to cut down these bakery products and learn to eat more "nutritious" foods anyway.

    Bala Monday, 16 January 2017 02:36 PM

    Most bakery products cause diabetes and related illnesses. Good for price increase so people ill go for better snacks made at home.

    DHA Monday, 16 January 2017 02:40 PM

    Oh boy here we go again ....

    spirit Monday, 16 January 2017 02:44 PM

    This government makes joint opposition to establish confidently.

    RW Monday, 16 January 2017 03:05 PM

    but petrol and lp gas has reduced. people did not get the reduction via DM iOS App

    Anja Monday, 16 January 2017 03:34 PM

    Eat croton leaves via DM Android App

    Amarabandu Rupasinghe Monday, 16 January 2017 05:25 PM

    Honda wade. Eat Kos kola and Crotan kola.


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