Sizzling
hot cost of living squeezing people dry
By Sachitra Indivara Mahendra
The recent price increases in petrol, diesel and gas triggered
a chain reaction leading to an inevitable increase in the cost of
living. While lunch packet sellers on the sidewalks to trishaw drivers
have increased prices already the private bus owners are clamouring
to increase bus fares and bakers too are expected to increase prices
on their products.
The
government's decision to permit a gas price increase has forced
eating-houses to revise its prices. The Bakers' Association said
they were working out a price increase on bakery products.
"We
are thinking of ways and means to break even as a result of the
recent price increase of diesel and gas”, spokesman for the
Bakers" Association Parakrama Disanayaka said. "We are
reluctant to increase the prices overnight as we do not want to
burden the consumers by another sudden price increase", he
said
The
Ceylon Fisheries Corporation too is considering a price increase.
"Although we make wholesale purchases of fuel we have to bear
the price increase to some extent. So we have to look into the possibility
of increasing the price though not immediately". A spokesperson
for the CFC told The Sunday Times. Cab services have also increased
its hire charge. The average rate of Rs. 38 per km has gone up to
Rs. 42.
"We
mostly use petrol and gas. The government has increased petrol prices
twice. First we increased the hire charge by Rs.2. Now we have increased
it by Rs. 4., Kanchana Fonseka of ACE Cabs told The Sunday Times.
The
fuel price increase has impacted on the the garment industry too.
" It is not only fuel and gas but the increased prices of furnace
oil and polythene also affect us. We use furnace oil in the dyeing
process. Earlier it was Rs. 1 but now it is 1.50. One metre of polythene
has increased by Rs. 5. The increased price of diesel also affects
us since we have to use it on generators', a spokesperson for APS
Garments told The Sunday Times.
"We
have not decided on a price increase yet. We hope to increase prices
in three weeks' time”, the spokesperson said. Though trishaw
drivers have increased their rates, they were not finding it all
that easy to find hires, as people are now reluctant to travel in
them.
Food
outlets have also increased prices of its products including those
of lunch packets. The half quantity rice packet, which was sold
at Rs. 35, is now Rs. 40 while the full rice packet sold at Rs.
40 is now sold at Rs. 45.
The
prices of short eats also have gone up by about Rs. 3. 'We have
to bear the cost of transport as well as cooking. So we have to
increase the prices', a hotel manager told The Sunday Times.
The
state transport sector is also affected by the price hikes but might
have to delay bus fare increases until the budget proposals in November.
'We are unable to raise the fares because we come under the government.
But this increase affects us very badly as the state transport sector
already runs at a loss ", a spokesperson for the department
told The Sunday Times.
Lorry
owners are also affected but with the increased competition they
were facing difficulties in making any drastic increases. 'We cannot
raise our hire charges drastically though the losses are high. While
some of us raise our charges there are others who might operate
at a lower rate", one of the lorry drivers in Pettah told The
Sunday Times.
Those
who are hiring out vans for school and office transport have increased
their charges. 'We had to increase the charges, because the running
costs are so high but we are still unable to recover our losses",
a van owner told The Sunday Times.
The
price of samba and kekulu raw red rice has increased compared to
last week's prices. Last week the price of Samba rice was between
Rs. 36 and Rs. 42, while this week the price was between Rs. 37
and Rs. 42. The price range of kekulu raw red rice last week was
between Rs. 36 and Rs. 38 while this week it has risen to between
Rs. 39 and Rs. 40. Rice prices are likely to increase further due
to the increased transport charges. |