Ministry of Trade to Look Into Price Reduction of Bakery Products

COLOMBO (News 1st): The Ministry of Trade says that attention has been paid to lowering the prices of bakery and canteen products with relation to the strengthening of the Sri Lankan Rupee. 

The Ministry says that the general public has complained to the Consumer Affairs Authority on the price reduction percentages of bakery product. 

An investigation is also underway to determine if bakery and canteen owners have taken steps to ensure that the benefits of the Sri Lankan Rupee strengthening and the prices of ingredients being reduced, have been given to the consumer. 

The Ministry of Trade adds that plans have been made to summon bakery and canteen owners association and hold discussions with regards to the price reduction of bakery products.