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
Oman to attend World Export Development Forum in Sri Lanka
-- [2 minutes ago]
Canadian Foreign Minister arrives in Sri Lanka on a two-day official visit
Driver identifies the suspect in the killing of Lasantha Wickrematunge
Court acquits former Sri Lankan army officers accused of Kumarapuram massacre
Sri Lankan court issues injunction against the planned joint opposition march in Kandy city limits
Sri Lanka to set up an Independent aircraft accident investigation bureau
Sri Lankan government seeks public views on reconciliation mechanism
Sri Lankan President determined to eliminate drugs menace targeting school children
Sri Lanka Central Bank calls for bids to mint 970 million coins
India grants Sri Lanka US$ 318 million financial assistance to improve railways system

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.