The President of the All Ceylon Bakeries Association, K. Jayawardene, has announced that despite increases in the prices of essential ingredients such as salt and eggs, consumers will not see a corresponding rise in the prices of popular bakery items like fish buns and egg buns. This decision, Jayawardene emphasized, is aimed at alleviating concerns over the affordability of bakery products amidst the current economic climate.
Acknowledging the challenges posed by the escalating costs of salt and eggs, Jayawardene revealed that bakery owners have opted against further price adjustments for fish buns, egg buns, and other snacks. He explained that these prices have already been adjusted to accommodate the maximum allowable increase.
Highlighting the significant reliance of bakeries and hotels on salt and eggs, which collectively comprise more than 50% of their ingredient usage, Jayawardene urged the government to intervene and implement measures to stabilize the prices of these essential commodities. This plea comes in the wake of recent price hikes in onions and eggs.
Expressing concerns about the viability of small bakery enterprises amidst these challenges, Jayawardene questioned whether such businesses could sustain operations in the face of soaring ingredient costs. He emphasized that the decision regarding the continuity of bakery operations ultimately rests with individual bakery owners, who are grappling with various difficulties in sustaining their businesses.
