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
IMF says considering Sri Lanka's request for funding depends on certain conditions
-- [2 hours ago]
Committee seeks proposals from public on a pension scheme for new recruits
-- [2 hours ago]
Major General Milinda Peiris appointed new Chief of Staff in the Army
-- [2 hours ago]
Case against Lalith Weeratunga and Anusha Palpita postponed for April 29
-- [3 hours ago]
Tamil Nadu CM calls Indian government to take action for a permanent solution to the fishermen issue
-- [4 hours ago]
Sri Lanka to issue US$ 75 million development bonds
-- [4 hours ago]
No foreign influence on government, Sri Lankan President assures
-- [4 hours ago]
South Africa, Oman naval ships arrive in Sri Lanka Colombo Port
-- [5 hours ago]
Sri Lanka's Laugfs acquires mini hydropower plant for Rs. 200 million
-- [5 hours ago]
India invites Sri Lankan students for Self-Financing Professional Courses
-- [6 hours ago]

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.