A sharp increase in flour prices looms as government meet with bakers.

Georgetown- TrakkerNews understands that all the country's bakers met with Minister of Trade, Industry and Commerce recently about the possible increase of flour by 15%. This meeting is expected to be followed up by next week with the President. The bakers are of the view that the increase must happen since wheat prices on the world market is skyrocketing. The National Milling Company of Guyana(NAMILCO) is in the process of working out the extent of the increase.However some bakers may not wait on this decision and within the next few says consumers will have to pay and increase of about 10 dollars on the pound for flour.