Wednesday 25 February 2015

Sri Lanka consumer authority sets maximum retail prices for items reduced through budget

Sri Lanka's Consumer Affairs Authority (CAA) has set maximum retail prices for several items commonly used by the consumers.

The CAA has issued a gazette notification to inform the prices of goods which were reduced through the government's interim budget.

Accordingly, following prices have been set effective from 20th February 2015.
  • One packet of 400 grams of milk powder is Rs. 325. One kilo packet is Rs. 810.
  • One kilo of unpacketted sugar is Rs. 87.
  • A 400-gram pack of Sustagen is Rs. 1,500.
  • One kilo of wheat flour is Rs. 87.
  • One kilo of green gram is Rs. 265.
  • One kilo of imported sprats is Rs. 385.
  • 425-gram canned fish is Rs. 140. 155- gram canned fish is Rs. 70.
  • One kilogram of coriander is Rs. 350 .
  • One kilo of ulundu is Rs. 300 .
  • One kilo of Maldives fish is Rs. 1,740 .
  • One kilogram of turmeric powder is Rs. 800 .
  • One kilogram of chili powder is Rs. 400 .
  • 50 kilogram bag of cement is Rs. 840 .
Meanwhile, All Ceylon Bakery Owners Association has agreed to sell 450 grams of loaf of bread for Rs.54.

The Consumer Affairs Authority orders that no manufacturer, importer, packer, distributor or trader shall sell, expose or offer for sale, display for sale the items listed, above the maximum retail prices.
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