Prices of more products and services jacked up

Monday, 14 March 2022 00:22 - - {{hitsCtrl.values.hits}}

Post the sharp devaluation prices of several more products and services have been increased with immediate effect.

Price of a 50 kilo pack of cement increased by Rs. 475 to Rs. 1,850.

Container Transporters’ Association has decided to increase transport charges by 60% whilst National Transport Commission announced bus fares will be increased from today.

Three-wheeler fares were increased as well with first kilometre priced at Rs. 70 up from Rs. 60 last week and each additional kilometre to cost Rs.55.

On Friday, Prima said that 1 kg of Wheat Flour was increased by a price between Rs. 35 to Rs. 45 whilst the other producer Serendib increased it by Rs. 35.

The All Ceylon Bakery Owners’ Association said the price of a loaf of bread has been increased by between Rs. 20-30 and a loaf would cost between Rs. 110 and Rs. 130. The price of a sweet bun has been increased by Rs. 10.

The All Ceylon Restaurant Owners’ Association said the price of a rice packet has been increased by Rs. 20; Kottu by Rs. 10 and Short Eats by Rs. 5.

Separately the Civil Aviation Authority said the price of airline tickets has increased by 27% following the near 30% depreciation of the Rupee.

The Ceylon Cellular Vendors Association said due to the increase of the dollar, the price of phones and accessories will be increased by 30%.

The hikes are coming as inflation hit a record 16.8% in January with food prices up 25%.