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
Sri Lanka's Ceylon Hotels Corporation disputes report it failed to remit EPF payments
-- [3 hours ago]
Sri Lanka CID investigates Rs. 40 million fraud at a commercial bank
-- [4 hours ago]
Sri Lankan government to provide accessible facilities for voters with disabilities
-- [4 hours ago]
Government to strengthen Sri Lanka's construction industry to provide quality service
-- [6 hours ago]
Sri Lanka to cut debt, increase foreign reserves - Finance Minister
-- [7 hours ago]
Sri Lanka inflation increases marginally to 0.2% in May 2015
-- [8 hours ago]
Sri Lanka, ADB sign USD 107 million loan agreement for rural road development
-- [8 hours ago]
Sri Lankan President appoints new ministers
-- [8 hours ago]
Japan grants Rs. 49 billion to develop infrastructure facilities at Sri Lanka's international airport
Indian Coast Guard arrests 5 Sri Lankan fishermen

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.