Company engaging government on price increases
Guyanese consumers will shortly be facing their second increase in the price of locally produced flour this year and the new price increase is likely to have a further knock-on effect on the prices of bakery products and other flour-based commodities.
Managing Director of the National Milling Company (NAMILCO) Bert Sukhai told Stabroek Business earlier this week that the company will definitely be upping its prices from the present US$30 per bag shortly.
“We are presently working on the new prices and we are also currently in consultations with government on the increase,” Sukhai told Stabroek Business earlier this week.
