Feb 13, Colombo: Bakery owners in Sri Lanka have decided to increase the prices of baked products in line with the increased local fuel prices.
The All Ceylon Bakery Owners’ Association has however yet to decide on the amount of the price hike.
Head of the Association, N.K. Jayawardena has said the final decision on the amounts would be decided sometime this week.
He has noted that the executive committee of the Association is to be convened shortly to decide on the amount the prices of the bakery products to be increased.
According to Jayawardena, there was no option but to increase the prices of bakery products due to the diesel price hike.