Friday, November 15, 2019

Prima Flour Company And Bakery Owners Reversed Their Decisions To Increase Flour And Bread Prices

Prima flour Company has last morning
(15)decided to increase the price of a Kilo gramme of Wheat flour by Rs.8.50 and later reversed back  the price hike decision as a result of the strong opposition against the move came from the Government and Consumer Affairs Authority .

Both Finance Minister Mangala Samaraweera and Comsumer Affairs Authority had stated that the Government has not given any  permission to Prima company to increase the Wheat flour price .

The All Ceylon Bakery Association has also decided to increase the price of a loaf of Bread by Rs.3-5 with effect from midnight last night(15) due to the flour price hike decision ,However later withdrawn the decision as the Prima flour Company has decided not to increase the flour price .

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