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
Sri Lanka Navy arrests five people transporting and possessing over 6 kg of Kerala Cannabis
-- [3 hours ago]
British Council Sri Lanka opens refurbished Colombo and Kandy premises
-- [4 hours ago]
Buddhist nationalist organizations ask government to take over Northern PC
-- [4 hours ago]
Inflation in Sri Lankan capital Colombo declines marginally to 3.9 percent in September 2016
-- [6 hours ago]
Court grants bail to former Defense Secretary Gotabhaya Rajapaksa in floating armory case
-- [6 hours ago]
Sri Lanka also pulls out of the SAARC summit in Pakistan as environment is not conducive
-- [7 hours ago]
Sri Lankan President discusses remedies for shortage of drinking water due to prevailing drought
-- [7 hours ago]
President appoints Right to Information Commission
-- [8 hours ago]
Sri Lanka government takes measures to increase protection at unprotected rail crossings
Sri Lanka Navy to start a maritime program to safeguard the region

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.