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 rises in November
Fri, Nov 30, 2012, 08:22 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 30, Colombo: Sri Lanka's inflation as measured by consumer prices in Colombo rose in November, figures released Friday by the Statistics Department of the Central Bank showed.

The inflation as measured by Colombo Consumers' Price Index (CCPI) increased to 9.5 percent in November 2012 from 8.9 percent in previous month.

The Central Bank attributed the increase in inflation to the rising food prices. The prices of many varieties of vegetables, red onions, big onions, potatoes, coconuts, wheat flour and bread increased during the month, the Bank said.

The inflation rate on an annual average basis increased to 7.2 percent in November 2012 from 6.8 percent in October 2012.On absolute terms the CCPI index increased to 167.1 from 165.0 in October.

The government in 2013 budget aims to stabilize prices of commodities to achieve a moderate inflation for the next year.



ColomboPage - Recent 10 Stories
US$ 70 million French aid to Sri Lanka for water supply system improvement and energy saving project
-- [2 hours ago]
Sri Lankan President congratulates top winners of Grade Five Scholarship
-- [3 hours ago]
Public Utilities Commission of Sri Lanka announces new electricity rates
-- [4 hours ago]
Minister denies receiving resignation letter from Sri Lanka's High Commissioner to UK
-- [4 hours ago]
Sri Lanka to mark World Children's Day tomorrow
-- [5 hours ago]
Sri Lankan President orders the release of 76 Indian fishermen
-- [5 hours ago]
Sri Lanka Customs arrests two with illegal gold stock
-- [5 hours ago]
British diplomat in Sri Lanka describes surveillance on her during visit to East
-- [6 hours ago]
Sri Lanka Navy arrests 16 fishermen poaching in Sri Lankan waters
-- [7 hours ago]
Sri Lanka Central Bank approves 8 more proposals for consolidation of financial institutions
-- [7 hours ago]

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.