Imported milk powder prices increased under new formula

The price of imported milk powder has been increased under the new price formula announced this week.

The Ministry of Commerce and Industry said that the price of a 1kg packet of milk powder has been increased by Rs 60 while the price of a 400g packet has been increased by Rs 25 from today.

Accordingly, the new price of a 400g imported milk powder packet is Rs 370 and 1kg imported milk powder packet is Rs 920. (Colombo Gazette)

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