Prices of baked goods likely to rise

Prices of baked goods likely to rise

Prices of baked goods likely to rise

Written by Lahiru Fernando

05 Jan, 2016 | 5:35 pm

The All Ceylon Bakery Owners Association says that the prices of all bakery products will have to be increased.

Chairman of the association N.K. Jayawardena explained that the increase of the Nation Building Tax to 4% has affected the prices of ingredients used in bakery products.

Jayawardena noted that an executive committee meeting of the association will be held with the aim of reaching a final decision.

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