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 in January
Fri, Jan 31, 2014, 09:44 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 31, Colombo: Sri Lanka's inflation, as measured by the change in the Colombo Consumers' Price Index (CCPI) , declined further to 4.4 percent in January 2014 from previous month's 4.7 percent on a year-on-year basis, the Central Bank reported on Friday.

Annual average inflation, which declined since June 2013, moderated further to 6.5 percent in January 2014, from 6.9 percent in December 2013.

The absolute CCPI computed by the Department of Census and Statistics for the month of January 2014 increased to 177.5 from 176.5 in December 2013.

The Central Bank attributed the marginal increase in the CCPI by 0.6 percent mainly to the price increase in the Non-food category by 1.7 percent which, however, was partly off-set by the decline in price of Food category by 0.9 percent.

The Central Bank says the continued low level of core inflation is a result of prudent monetary management by the monetary authority, which has been implemented successfully in containing price pressure emanating from the demand side.

ColomboPage - Recent 10 Stories
Major Tamil party affirms self-rule within a unitary state in Sri Lanka
-- [6 hours ago]
Sri Lanka expresses concern about the increasing use of armed drones in counterterrorism
-- [6 hours ago]
Supporters of Sri Lanka opposition parties clash in Uva, journalist among injured
-- [8 hours ago]
Sri Lanka's main opposition party to appoint Sajith Premadasa to Deputy Leader post tomorrow
-- [9 hours ago]
Sri Lanka's Yal Devi train runs to Jaffna after 24 years
-- [9 hours ago]
Sri Lanka to provide medical specialists to Maldives
UNP General Secretary Tissa Attanayake resigns from leadership council
US Trade Show 2014 to begin in Sri Lanka from September 29
Sri Lankan President is now electorally vulnerable - UNP
Sri Lanka Marxist party says it has come out of electoral 'recession'

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.