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
Former Sri Lanka nruling party lawmaker vows to take action against alleged 'political witch-hunt'
-- [4 hours ago]
Sri Lankan parliament expected to be dissolved end of this month
-- [5 hours ago]
Sri Lanka's Central Depository Systems holds regional training seminar for depositories
-- [5 hours ago]
Sri Lankan court further remands former minister
-- [7 hours ago]
Sri Lanka's Marxist party files bribery complaint against former Defense Secretary
-- [8 hours ago]
JA Resorts to develop beach resort in East coast of Sri Lanka
-- [8 hours ago]
Sri Lankan President and former leader hold key discussions on future of their party
-- [9 hours ago]
Former Sri Lankan minister to be presented before Kurunegala court
Sri Lankan President to meet former president today with delegations
Sri Lanka, Australia discuss combating maritime crimes

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.