The price of a loaf of bread will be increased by Rs.5 with effect from Monday, the 23rd of August.
The All Island Bakery Owners Association said the prices of other bakery products will be increased by Rs.10.
The Association added the price of a 1kg cake will meanwhile be increased by Rs.100.
Chairman of the Association NK Jayawardene said cost of goods is rising at an unbearable rate, adding the price of all ingredients has also risen.
Jayawardene noted they expected the government to provide concessions to bakery owners but to no avail.
Therefore, he claimed bakery owners met this morning and reached a decision to increases prices of bread and other bakery products.