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
President signs special gazette notification on declaring four forests near Wilpattu North Sanctuary as Conservation forests
-- [4 hours ago]
Three soldiers arrested over the Rathupaswala shooting incident
-- [5 hours ago]
President of the German Bundestag and parliamentary delegation to visit Sri Lanka next month
-- [5 hours ago]
Sri Lankan MP on hunger strike seeks bail citing daughter's mental health
-- [6 hours ago]
Jones Lang LaSalle cements Sri Lankan presence with opening of new WTC office
-- [7 hours ago]
Sri Lanka Tamil party welcomes adoption of UN resolution, urges the government to honor its commitments
-- [7 hours ago]
EU continues to develop and strengthen over 40-year long partnership with Sri Lanka - Ambassador
-- [7 hours ago]
Australia, World Bank launch program to enhance the trade and competitiveness potential of Sri Lanka's private sector
-- [8 hours ago]
Russia in discussions with Sri Lanka to deliver frigates, offers to set up helicopter maintenance center
-- [8 hours ago]
Arrested underworld figure 'Army Roshan' handed over to Army

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.