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.