Lankapage Logo Recent Top Stories
CP 14 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 January 2013
Fri, Feb 1, 2013, 12:01 am SL Time, ColomboPage News Desk, Sri Lanka.

Jan 31, Colombo: Sri Lanka's inflation as measured by consumer prices in Colombo rose in January this year, figures released Thursday by the Statistics Department of the Central Bank showed.

The inflation as measured by Colombo Consumers' Price Index (CCPI) increased to 9.8 percent in January 2013 from 9.2 percent in December 2012.

The Central Bank attributed the increase in inflation to the rising food prices brought about by the adverse weather conditions the country experienced in the later part of 2012.

The prices of most varieties of vegetables, fresh fish, dried fish, red onions, coconuts and some varieties of fruits increased during the month of January.

The inflation rate on an annual average basis also increased to 8.1 percent in January 2013 from 7.6 percent in the previous month.

On absolute terms the CCPI index increased to 170.0 from 168.6 in December 2012.

The government in 2013 budget aimed to stabilize prices of commodities to achieve a moderate inflation for this year.



ColomboPage - Recent 10 Stories
Czech President and Foreign Minister to visit Sri Lanka separately next year
-- [3 hours ago]
Iranian attempting to smuggle hashish to Sri Lanka arrested in Nepal
-- [3 hours ago]
Sri Lanka's main Tamil party denounces Northern Province Chief Minister's 'Eluga Thamil' protest
-- [4 hours ago]
Seven firms interested in utilizing Sri Lanka's idle Mattala International Airport
-- [4 hours ago]
Proposal to increase cigarette prices in cabinet within two weeks
Sri Lanka to eliminate rabies by 2020
Pakistan provincial government of Punjab to increase cooperation with Sri Lanka on education
Sri Lankan government will not yield to extremism in the North - State Defense Minister
Indian minister with a high-level delegation to arrive in Sri Lanka tomorrow
Sri Lanka Finance Minister seeks ideas from people to prepare next year's budget meeting their expectations

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.