Local milk powder prices increased
Posted by Editor on October 4, 2022 - 12:51 pm
The price of locally manufactured milk powder in Sri Lanka will be increased from midnight tomorrow (October 05).
According to milk powder companies, this price hike is due to the introduction of the Social Security Contribution Tax and the high cost of ingredients.
Accordingly, the price of a 400g packet of full cream milk powder will be increased by Rs.100 (from Rs.850 to Rs.950).
Meanwhile, the price of a 1kg packet of full cream milk powder will be increased by Rs.230 (from Rs.2,120 to Rs.2,350).
Further, the price of a 400g packet of non-fat milk powder will be increased by Rs.210 (from Rs.840 to Rs.1,050).
Latest Headlines in Sri Lanka
- Colombo Central Bus Stand set for major upgrade June 16, 2025
- Sri Lanka President, IMF discuss economic recovery amid global challenges June 16, 2025
- SJB suspends six Dambulla PS members for ignoring party orders June 16, 2025
- Vraie Cally Balthazaar elected new Mayor of Colombo June 16, 2025
- Sri Lanka freezes assets of 88 individuals linked to crime and financial fraud June 16, 2025
