Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

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
Sri Lanka Health Minister's cannabis cultivation idea gains momentum
-- [2 hours ago]
Japanese Embassy clarifies position on foreign judges in Sri Lanka
-- [3 hours ago]
Japanese support of Rs. 32 million to uplift agriculture and fisheries industry in Sri Lanka
-- [4 hours ago]
Special island wide police operation makes 2,879 arrests
-- [4 hours ago]
Sri Lanka's Prime Minister Ranil Wickremesinghe celebrates 69th birthday today
-- [5 hours ago]
Cost of Living Committee grants approval to increase milk powder prices
-- [5 hours ago]
Sri Lankan President heads home after successful tour in Pakistan
-- [6 hours ago]
Government Analyst to examine the Dambulla food processing factory after toxic fumes killed two workers
Lanka IOC raise fuel prices
Pakistan pledges to strengthen economic and trade relations with Sri Lanka

Copyright © 2000, 2014 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.