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
Local Government election date is uncertain - PAFFREL
-- [36 minutes ago]
Sri Lanka Cabinet approves amending laws to control election campaign spending
-- [54 minutes ago]
Sri Lanka, Pakistan review entire range of bilateral relations during 5th round of political consultations
-- [2 hours ago]
Sri Lanka's trade deficit expands 9.4% in August 2017 despite exports earnings surpassing US$ 1 bn
-- [2 hours ago]
Arts Faculty of Colombo University temporarily closed following students' clash
-- [9 hours ago]
Japan Bank for International Cooperation reiterates to continue its support to Sri Lanka
-- [9 hours ago]
Sri Lanka Opposition Leader urges government to release all prisoners detained under PTA
Prime Minister calls to let Deepavali be the opportunity to restore lives and rebuild relationships
Deepavali helpful to bring forth the message of harmony - President
Sri Lanka needs to look beyond its borders and increase its global competitiveness, says World Bank

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.