Rising costs sour festive mood for some View(s):By Kasun WarakapitiyaThe adverse impact of increased fuel prices, transport charges and electricity tariffs are deterring some from celebrating the Sinhala and Tamil New Year. Ms Anushika said that with higher fuel prices, food and cooking gas prices increased, and then there are higher electricity bills. Bakery owners Association president N.K Jayawardena said the industry decided against another price revision despite the recent gas price increase, as they felt that a further price increase would deter customers. “The economic crisis, the fuel price increase as well as uncertainty have put people off from the usual shopping spree. The clothing and homeware retail sector was also affected by the prevailing global situation and fuel price fluctuations.

Source: Sunday Times April 11, 2026 07:03 UTC