Cement companies yesterday decided to increase the retail price of a 50kg bag of cement by Rs. 177 in Sri Lanka. Accordingly, the stipulated price of a cement bag now stands at Rs. 1,275. The price ...
Over the last decade, the price of a 50-kg cement bag has increased by only 50 per cent (CAGR of 3 per cent), compared to a 400 per cent increase in the price of a cup of tea. The industry has ...