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
EU General Court says ruling to lift sanctions on LTTE is a legal ruling not a political decision
-- [26 minutes ago]
Asia Foundation and Justice Ministry assess land disputes in Sri Lanka's Northern and Eastern Provinces
-- [49 minutes ago]
Tamil organization seeks MOU between Sri Lanka and India to facilitate return of Tamil refugees
-- [1 hour and 27 minutes ago]
Sri Lanka Railways to transport fuel to North by trains
-- [1 hour and 53 minutes ago]
Sri Lanka Defense Secretary and Indian Defense Minister discuss enhancing military ties
-- [2 hours ago]
Sri Lankan President launches sixth phase of Divi Neguma domestic agriculture program
Trade unions in Sri Lanka protest demanding Rs. 10,000 wage hike
Five suspects surrender to police over attack on Sri Lanka university students
Sri Lanka Navy deploys personnel to assist flood victims
Sri Lanka Cricket emphasizes India tour is a collective decision

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.