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 declines further to 4.2 percent in February
Fri, Feb 28, 2014, 10:12 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 28, Colombo: Sri Lanka's inflation, as measured by the change in the Colombo Consumers' Price Index (CCPI) , declined further to 4.2 percent in February 2014 from previous month's 4.4 percent on a year-on-year basis, the Central Bank reported on Friday.

Annual average inflation, which declined since June 2013, moderated further to 6.0 percent in February 2014, from 6.5 percent in January 2014.

The absolute CCPI computed by the Department of Census and Statistics for the month of February 2014 marginally increased to 177.8 from 177.5 in January.

The Central Bank attributed the deceleration of inflation in February 2014 mainly to the moderate increase in the price index over the previous month and the base effect.

According to the monetary authority, core inflation continued its declining trend, reflecting the effectiveness of monetary policy measures implemented by the Central Bank.

ColomboPage - Recent 10 Stories
Supreme Court Judge Priyasad Dep sworn in as Acting Chief Justice
-- [4 hours ago]
CSE to host a seminar on Current Market Conditions - Live Streaming
-- [4 hours ago]
Body of assassinated journalist Lasantha Wickremetunga exhumed
-- [4 hours ago]
SriLankan Airlines commences services to Lahore from today
-- [5 hours ago]
Joint Opposition MP Mahindananda Aluthgamage granted bail
-- [5 hours ago]
ADB revises down growth forecast for Sri Lanka in 2016 & 2017
-- [6 hours ago]
Commercial Bank of Ceylon commences operations of its subsidiary in Maldives
-- [8 hours ago]
Treasury approval is mandatory from next year for provincial councilors to travel abroad
-- [8 hours ago]
Finance Minister is not harassed by the IMF - Deputy Minister
Five army personnel remanded over killing of two civilians in Achchuveli

Copyright © 2000, 2014 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.