BIZ

Cake prices & demand up!

Published

on

The All Island Bakery Owners Association says the price of a 1kg cake has increased above Rs.1,500 due to the shortage of eggs and the price increase of eggs.

President of the Association NK Jayawardena said a 1kg cake a month ago was sold at Rs.1,100 and has today increased to Rs.1,500, while the demand for cake during the festive season has increased by 25%.

He noted that small scale bakery owners have resorted to not baking cakes due to the associated cost.

Jayawardena said despite egg manufacturers warning of a possible egg shortage during the festive season, they have failed to meet the demand for eggs during this season.

(newsradio.lk)

(Except for the headline, this story, originally published by newsradio.lk has not been edited by SLM staff)

Trending

Exit mobile version