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Price of a loaf of bread reduced by five rupees

ITN News Editor
By ITN News Editor November 21, 2019 18:39

Price of a loaf of bread reduced by five rupees

The price of a loaf of bread has been reduced by five rupees. President of the Bakery Owners Association N. K. Jayawardena said that that this decision was taken by their Association.

N.K. Jayawardena stated that production had almost come to a standstill and as a temporary solution they had convened a press conference yesterday to announce an increase in the price of bread by five rupees from midnight. However, he said that the two major wheat flour companies in the country have informed them in writing that once again, for the fourth time, the price of wheat flour was revised and has been brought back down.

He mentioned that he hoped this will be the last time the wheat flour price is revised as their Association will not take such decisions hereafter based on the decisions of companies and that they will base their decision after both companies and the government reach a decision.

He said the wheat flour companies have also promised to refund bakery owners who have paid extra when purchasing wheat flour. Accordingly the bread price that was increased by five rupees with effect from midnight yesterday will once again be reduced by five rupees again with immediate effect.

ITN News Editor
By ITN News Editor November 21, 2019 18:39

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