The Ministry of Trade, Commerce, Food Security and Co-operative Development has announced price reductions on 18 essential food items sold through the state-owned retail network, Lanka Sathosa, in a move aimed at easing the cost-of-living burden on consumers amid rising global market prices linked to ongoing tensions in the Middle East.
The reduced prices will take effect from Wednesday (10), according to the Ministry of Trade, Commerce, Food Security and Co-operative Development.
According to the ministry, the revised prices will be lower than prevailing wholesale prices in Colombo’s Pettah market for selected items.
The products covered under the price reduction include big onions, white sugar, lentils, cowpea, chickpeas, green gram, local cashew nuts, milk powder, red raw rice, red Nadu rice, Samba rice, white Nadu rice and Ponni Samba rice, among other essential food commodities. (Newswire)
