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* Bakery owners in Sri Lanka warn of increasing bread prices
Thu, Mar 10, 2011, 09:25 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 10, Colombo: Bakery owners in Sri Lanka have warned that the price of a loaf of bread would see an increase after the local government elections next week.

The All Ceylon Bakery Owners' Association (ACBOA) has told the media that the bread prices would increase if utility prices are increased any further.

According to the ACBOA, the bakery owners have not increased the price of bread although the prices of labor, electricity, and gas have increased recently.

However, they have warned of increasing bread prices if costs of utilities increased after the elections.



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