PRIMA+COMPANY+INSISTS+IT+WON%27T+REDUCE+WHEAT+FLOUR+PRICE
Wednesday, 11 September 2019 - 19:08
PRIMA COMPANY INSISTS IT WON'T REDUCE WHEAT FLOUR PRICE
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The Prima Company has informed its sales agents that it would not reduce its prices at all.

However, the Consumer Affairs Authority stated that it has taken legal action against more than 200 retailers who sold wheat flour at higher prices.

Prima and Serendib companies increased the price of wheat flour by 5 rupees per kilogram effective last Friday night.

However, Agriculture Minister P Harrison said that the two companies agreed to sell the flour at the previous price during the cost of living committee meeting yesterday.

Meanwhile, the bakery association also increased the price of bread by 2 rupees per loaf following the increase in the price of wheat flour.
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