COLOMBO (NewsRadio); The price of a 450g loaf of bread has been reduced by Rs.10.
The All Island Bakery Owners Association said in addition to bread, the prices of several other bakery items will be reduced with effect from today.
President of the Association NK Jayawardena said a leading wheat flour manufacturer reduced the price of a kilogram of wheat flour from Rs.283 to Rs.255 a Rs.28 reduction.
Therefore, he said a decision was reached to grant the benefit of reduced prices to the public.
Jayawardena noted that a 450g loaf of bread is currently sold at between Rs.180-Rs.190 and urged all bakery owners to reduce the price to Rs.170 from today.
He said the Association has also informed bakeries to reduce prices of other bakery items if they can afford to do so.