Trade Ministry to Discuss Bakery Products Price Reductions
Anuradha Indrajith
08-Nov-2024 07:04:56
The Ministry of Trade has announced plans to address the pricing of bakery and canteen items as the Sri Lankan Rupee strengthens.
The Ministry reports that the public has lodged complaints with the Consumer Affairs Authority regarding the extent of price reductions on bakery products.
An investigation is underway to see if bakery and canteen owners have adjusted prices in line with reduced costs of ingredients due to the strengthening Rupee.
In response, the Ministry will soon meet with representatives of the bakery and canteen owners' associations, to discuss potential price cuts on bakery items.
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