Price of bread should reduce to Rs.100: Bakery Owners

6 March 2023 05:23 pm - 6 - {{hitsCtrl.values.hits}}

A A A

There are no plans to increase the prices of bakery items other than decreasing them, and it was further said that the price of a loaf of bread is expected to be reduced to 100 rupees, All Ceylon Bakery Owners' Association (ACBOA) chairman N.K. Jayawardena said.

He said that the support of the government is expected for this and that the bakery industry, which is currently stalled, can be restored only if the prices of bakery products including bread buns are reduced.

A loaf of bread is currently being sold for Rs.150, Rs.160, Rs.170 and in some areas for Rs. 180. He said that the consumer cannot afford those prices which is why the sale of bread buns has decreased by 20 to 25 percent.

Due to the increase in electricity bills, the bakery industry has been heavily impacted, which has led to the collapse of the industry.

Due to the need to maintain the bakery industry, the bakery owners have to bear the burden and due to various problems affecting the bakery industry, 5,000 out of 7,000 bakeries are closed. Jayawardena said. (Chaturanga Pradeep Samarawickrama)

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

Comments - 6

Citizens not towing the line of the bakery Mafia... Monday, 06 March 2023 06:04 PM

Consumers will force the price of bread to come down by not buying at the over high prices. Even with the electricity price hike the Bakery mafia know they have to reduce prices instead or consumers will just not buy anymore.

Mahila Tuesday, 07 March 2023 02:43 AM

Consumers may have found alternative food to supplant!!! Electricity, Flour and other raw material are at the level, they have to be to be sustainable for an efficient government!? Basically subsidies can’t be maintained anymore, which is living beyond one’s means, the basic reason for “BANKRUPTCY”!! Find alternative products to market to the consumers in the mew environment to continue!! That’s the reality in any situation, the right commodity at the right price for the consumer??? Change the approach to suit the new social climate!!! Name of the Game!!! Stagnant with old ideas and you are boungd to go extinct!!! Customer’s buy what they adduce VALUE TO!! INNOVATE!

Dee Monday, 06 March 2023 09:05 PM

Although the overall costs have come down, increase it further to around 200/-. If you reduce, you are ruining the election win chances of the subversives and Armegedons!

Amaran Tuesday, 07 March 2023 03:18 AM

Truly, this is VALID reason - "Due to the increase in electricity bills, the bakery industry has been heavily impacted, which has led to the collapse of the industry." It is the responsibility of so called Government to tell this to IMF.

Rudy Hodgson Tuesday, 07 March 2023 07:41 AM

I have observed that many items on supermarket shelves remain unsold for weeks. Then what happens is as the expiry date gets closer, the suppliers and supermarket management initiates a 50% promotional discount to get rid of the items. This too is futile to a certain extent as cusumers are very intelligent in choosing what they actually need.

RR Wednesday, 08 March 2023 09:31 AM

NOT RS,100 BUT IT SHOULD BE RS.50

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Price of bread should reduce to Rs.100: Bakery Owners

Comments - 6

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Supreme Court rules Diana Gamage ineligible for parliamentary seat

Sri Lanka to overhaul visa issuance process

Tharshan Selvarajah makes history as first Sri Lankan to carry Olympic torch

A leading hotel in Derby, UK sold to Sri Lankan company

On-arrival visa fiasco drains VFS Global’s confidence in Sri Lanka

Not only on-arrival visas but online visas too should be stopped

MIRROR CRICKET

Shakib and Hasaranga share top spot in T20 all-rounder rankings

Nisala steers Sri Lanka ‘A’ to easy win

Athapaththu climbs T20I rankings after stellar performance

Shanto to lead Bangladesh’s squad for T20 World Cup

TODAY'S HEADLINES

Environmental Leaders of Tomorrow

IGP Tennakoon elected as National President of International Police Association Sri Lanka

Arrested with deer horns and guns

Air Force Commander engages in strategic talks at Air and Space Power Conference 2024 in Australia

Shakib and Hasaranga share top spot in T20 all-rounder rankings

Nisala steers Sri Lanka ‘A’ to easy win

Athapaththu climbs T20I rankings after stellar performance

Shanto to lead Bangladesh’s squad for T20 World Cup