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
UN expresses concern over sexual violence in Sri Lanka
-- [37 minutes ago]
Sri Lanka opposition protests against government's casino legislation
Sri Lankan parliamentary approval for one of the three controversial casino legislations
Employees of Sri Lanka's zoological garden urge authorities to re-commence elephant dances
Discovery of contaminated plastic bottles during raid raises alarm on water sold in Sri Lankan market
Consumer movement urges Sri Lankan government to remove the fuel surcharge from the electricity bill
Sri Lanka Attorney General's Department sets up provincial units
Sri Lanka briefs diplomatic community on measures taken to subdue renewed threat of terrorism
Sri Lankan President vows to take strict action against lawbreakers, not to permit religious discord
Parliamentary delegation of Balochistan visits Sri Lanka

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.