(COLOMBO, LANKAPUVATH) –The Consumer Affairs Authority has said that canteen and hotel owners will not be permitted to increase food prices citing the price increase of LP gas as the reason.
Based on the decision of the Ministerial Sub Committee on the Cost of Living, action was taken to increase the price of a 12.5 kg cylinder of LP gas by 245 rupees.
Accordingly, the price of a 12.5 kg domestic cylinder of gas rose to Rs. 1,676 with effect from 27th of April. Both state-owned LP gas supplier Litro Gas and its competitor Laugfs increased the price of LP gas.
The CAA points out that when the present government came to power in 2015, the price of a domestic gas cylinder was Rs. 1,896. The present government reduced the price of a gas cylinder by Rs. 800. In 2014 the selling price of a cylinder of gas was Rs. 2,441 When compared to prices that prevailed during those years, the current prices are at a low level. As such the Consumer Affairs Authority said that there is no reason to increase the prices of food items.