Electricity tariff won’t affect bread prices: ACBOA

11 May 2013 12:29 am - 10 - {{hitsCtrl.values.hits}}

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The All Ceylon Bakery Owners’ Association (ACBOA) yesterday rejected claims that bread prices would be soon increased in the light of the recent electricity tariff hike.

ACBOA President N.K. Jayawardena said bread prices would not be raised anytime soon and was unlikely to be increased within the next few months either.

He said bread prices would only be raised if the price of a kilo of flour was increased by the Ministry of Co-Operatives and Internal Trade and not in the case of the electricity tariff hike.

“We have not had any discussions on the matter and do not intend to do so in the near future. If such a decision is made we will inform the people,” Mr. Jayawardena said and added that the situation would change in case the price of wheat flour was increased.

The price increase in bread and other bakery products are usually made by the ACBOA which comprise 25 major bakery unions.

In October last year the price of a 450g loaf of bread which was between Rs.55 and Rs.60 was increased by Rs.2 following an increase in the price of wheat flour.

The ACBOA said at the time most bakeries were operating at a loss and that some 2,000 out of some 7,000 bakeries in the country had faced severe losses due to high costs incurred as a result of an increase in wheat flour prices and transport costs. (OJ)

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Comments - 10

Alex Saturday, 11 May 2013 12:00 AM

Oh...Thanks God Atleast we can survive Dhal & Bread... via DM Android App

Midnight Hawk Saturday, 11 May 2013 12:00 AM

yawn..... when will these jokers understand simple logic. via DM Android App

Riz Saturday, 11 May 2013 02:03 AM

They won't increase the bread only but they will increase all other bakery items

Cobra Saturday, 11 May 2013 02:50 AM

Balamuko!

Meheran Careem Saturday, 11 May 2013 12:00 AM

I hope the price of sk-2 skin products stay the same as well.. We can do without bread but a flawless completion is priceless!

Len Saturday, 11 May 2013 04:09 AM

Yea right!! just make the Loaf bit smaller 425g so it can be sold for the same price.

Lucky Weeramantry Saturday, 11 May 2013 04:46 AM

God Only Knows How They Will Bake The Bread.

MayIwin Silva Saturday, 11 May 2013 05:04 AM

The government can not control the Bakery Owners.

baby Saturday, 11 May 2013 07:54 AM

got a call from Gota..??

Merry Monday, 13 May 2013 04:38 AM

Ya, Ya, Ya!!!!!! It's only a matter of time before it happens. We'll have to survive eating grass!!!

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Electricity tariff won’t affect bread prices: ACBOA

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