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* Sri Lanka inflation rises to 4.9 percent in April 2014
Wed, Apr 30, 2014, 04:41 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 30, Colombo: Sri Lanka's inflation, as measured by the change in the Colombo Consumers' Price Index (CCPI) , rose to 4.9 percent in April 2014 on a year-on-year basis from 4.2 percent in previous month, figures released by the Census and Statistics Department Wednesday showed.

The year on year inflation has been in single digit figures for 63 months continuously.

Annual average inflation, which declined since June 2013, declined further to 5.6 percent in April 2014, from 5.7 percent in March 2014.

The general price level marginally increased in April 2014 by 0.3 percent compared to the prices in the previous month raising the absolute CCPI computed by the Department of Census and Statistics to 178.4 from 177.9 in March.

The increase in the index was totally attributed to the 0.31% increase in food prices, mainly due to the increase in price of rice. The combined effects of both domestically produced and imported food commodities contributed to the increase in the food sub Index.

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