AreaSri Lanka

Commodity GroupGrains

CommodityWheat

Date18/09/2018

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervantion

DescriptionReversed the LKR 5 (USD 0.03) price hike imposed by Prima Company (supplier of wheat flour) on 1 kg of wheat flour, to prevent what the Government considers to be an arbitrary price hike of this essential food item.