Media coverage on ‘Essential goods price hike’
Essential goods price hike: ‘Price formula is another way for Govt. to interfere with businesses’
Expressing their view regarding the prevailing situation over the price increases of multiple essential goods, the Advocata Institute stated that the public has to brace themselves for a ‘rocky’ next months due to necessary hard economic reforms.
Join the conversation with Hiru News, on behalf of the Advocata Institute, which is a Colombo-based independent public policy think tank, Research Analyst Sathya Karunarathne commented on the multiple price hikes imposed in the market within the past week as well as the possible long-term solution that could be interested.
Verified browser-caption segment: 2026-09-06. In a dedicated Hiru News interview, Advocata research analyst Sathya Karunarathne discusses rising essential-goods prices and the limits of price controls. She argues for greater competition, access to substitute products and cash transfers to support poorer households, alongside broader economic reform. Watch the source segment (0–943 seconds).