CAA approves hike in prices of local milk powder

CAA approves increase in prices of local milk powder

by Staff Writer 01-05-2020 | 8:39 PM
COLOMBO (News1st): The Consumer Affairs Authority (CAA) has approved an increase in the prices of local milk powder, matching it with the prices of imported ones. "We had received requests to permit the price increase as local businessmen were facing losses," a spokesman for the CAA told News1st. Accordingly, the price of a kilo of local milk powder has been increased to Rs. 945 while the price of a 400 gram packet has been increased to Rs. 380. The price of imported milk powder remains unchanged.