Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka inflation declines further in September
Sat, Sep 29, 2012, 08:52 am SL Time, ColomboPage News Desk, Sri Lanka.

Sept 29, Colombo: Sri Lanka's inflation as measured by consumer prices in Colombo eased further in September from its 42-month high in July, figures released Friday by the Statistics Department of the Central Bank showed.

The inflation as measured by year-on-year percent change decreased to 9.1 percent in September 2012 from 9.5 percent in the previous month.

However, the annual average inflation rate rose to 6.5 per cent in September 2012 from 6.3 per cent in August 2012.

In absolute terms the Colombo Consumers' Price Index (CCPI) declined marginally from 165.7 in August to 165.5 in September 2012.

The decline was mainly attributed to the price decreases in the Food category.

The decline in the prices of most varieties of vegetables, fish and sea food, potatoes, big onions and red onions contributed to the decrease in the food category of CCPI, the Central Bank said in a release Friday.



ColomboPage - Recent 10 Stories

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.