Essential food prices tripled in Sri Lanka, causing rising rice and sugar costs due to increased machinery and labor expenses.

In Sri Lanka, essential food prices have tripled since 2022, with significant increases in rice and sugar costs, attributed to rising machinery and labor expenses. Dr. Chamila Chandrasiri from the Department of Agriculture highlights efforts to enhance rice and maize production and reduce imports for self-sufficiency. The Consumer Affairs Authority is also regulating prices of key commodities to stabilize the market amidst these challenges.

September 12, 2024
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