#PriceHikeMarch: Here's how expensive March 2022 has become

COLOMBO (News 1st); The price of multiple goods in Sri Lanka were increased with effect on Friday (10), after the government allowed the currency to float.

Here's a list of what was increased on #PriceHikeFriday:

1. Fuel Prices:

Lanka IOC raised petrol and diesel prices by Rs. 50/- and Rs. 75/-, respectively.

Octane 92 rose by 24.5% to a record Rs. 254/- a liter while diesel soared 54% to  Rs. 214/-

2. Bread Price:

All Ceylon Bakery Owners Association increased the price of a loaf of bread by Rs. 30/-.

The new price will be between Rs. 110/- and Rs. 130/-.

3. Wheat Flour Price:

PRIMA said that One kilogram of Wheat Flour was increased by a price between Rs. 35/- to Rs.45/-.

4. Three Wheeler Fares :

Three-wheelers drivers want to increase the base fare for the first kilometer to Rs. 80/-.

5. Rice Pack / Kottu / Short-eats :

The Price of a rice packet will go up by Rs. 20/-, Kottu up by Rs. 10/-, and Short Eats by up by Rs 5/-.

6. Airline Tickets :

The price of airline tickets has increased by 27%, said Sri Lanka’s Civil Aviation Authority.

7. Medicine

The Medicines Price Control Committee granted approval to increase the prices of medicines by 29%.

8. Mobile Phones

The Sri Lanka Mobile Phone Importers Association stated that prices of all mobile phones and accessories imported in the future will be increased by 30%.

The prices of several other services and items also recorded an increase on Sunday (13), marking #PriceHikeSunday;

9. Bus Fares

A decision reached to increase bus fares from midnight 14th March by the National Transport Commission, and the new minimum bus fare will increase to between Rs. 19 to 20.

10. Cement

The price of a bag of cement rose by Rs. 350, making the price of a bag of cement increase from Rs. 1,500 to Rs. 1,850.

11. Logistics

The Container Transporters Association  decided to increase transport costs by 60% with effect from Sunday (13).