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 drops in June 2014 to 28-month low of 2.8 percent
Mon, Jun 30, 2014, 07:20 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 30, Colombo: Sri Lanka's inflation, as measured by the change in the Colombo Consumers' Price Index (CCPI) dropped to a 28-month low of 2.8 percent in June 2014 on a year-on-year basis, figures released Monday by the Central Bank showed.

This month's inflation is the lowest rate recorded since February 2012 which was 2.7%. The year on year inflation has been in single digit figures for 65 months continuously.

Annual average inflation, which declined since June 2013, declined further to 4.9 percent in June 2014, from 5.3 percent in May 2014.

The general price level increased in June 2014 by 1.1 percent compared to the prices in the previous month raising the absolute CCPI computed by the Department of Census and Statistics to 181.4 in June from 179.5 in May.

The increase in the index was attributed mainly to the increase in food prices. Due to less supply during the month of June 2014, the prices of rice, most varieties of fresh fish, vegetables, potatoes, red onions, B onions, green chilies, pepper and lime increased significantly contributing 1.07 percent of the 1.1 percent increase in the index.

ColomboPage - Recent 10 Stories
Leo Burnett Sri Lanka named 'Agency of the Year' at the Effie Awards
-- [16 minutes ago]
Sri Lanka President emphasizes need to further consolidate relationship with Pakistan
-- [40 minutes ago]
Sri Lanka Cricket revises Dhanushka Gunathilaka's ban
-- [1 hour and 3 minutes ago]
Sri Lanka to strengthen the laws against Indian fishermen poaching in Sri Lankan territorial waters
-- [8 hours ago]
Education Minister warns the teachers inciting students against the Teacher Transfer program
New prison complex complying with international standards opened in deep South
Sri Lanka's Dr. Indrajit Coomaraswamy named Central Bank Governor of the Year South Asia
President says all programs to protect environment will be implemented expeditiously
Sri Lanka SEC to enforce more stringent stock market rules from next year
Sri Lanka Cricket confirms Pakistan T20 to be played in Lahore

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.