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 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
India offers military assistance to modernize Sri Lanka Army
-- [3 hours ago]
Visiting Indian Army Chief meets Sri Lanka's Prime Minister
-- [4 hours ago]
Sri Lanka’s CIC sells Chemifix trademark for Rs 345 million
-- [4 hours ago]
IOM commends Sri Lanka's leadership of the Colombo Process
-- [4 hours ago]
Sri Lanka and France renew commitment to deepen engagement in sports development
-- [4 hours ago]
Pakistani naval ship arrives in Sri Lanka port on a goodwill visit
-- [5 hours ago]
Former President says Sri Lanka's economy took a 'palpable' downturn with new government
-- [5 hours ago]
Will never compromise national security, Sri Lankan President assures
-- [6 hours ago]
Sri Lankan President attends UN climate conference in Paris
-- [6 hours ago]
Sri Lanka inflation rises to 3.1 percent in November 2015
-- [7 hours ago]

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.