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No decision to increase bread price

Oct 4, 2010 4:52:47 AM - itnnews.lk

The Association of Bakery Owners has said that a decision has not yet been reached to increase the price of bread.

There has been propaganda that the price of a loaf of bread will increase by three rupees following the hike in the price of wheat flour. President of the Association of Bakery Owners N.K. Jayawardena refuted these reports.

He said that a meeting is scheduled for this afternoon to decide whether the price of bread should be increased. Companies that deal with wheat flour recently agreed to increase the price of a kilogram of wheat flour by eight rupees recently.