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 unchanged at 4.2 percent in March 2014
Mon, Mar 31, 2014, 06:34 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 31, Colombo: Sri Lanka's inflation, as measured by the change in the Colombo Consumers' Price Index (CCPI) , remained unchanged at 4.2 percent in March 2014 on a year-on-year basis, the Central Bank reported on Monday.

Annual average inflation, which declined since June 2013, declined further to 5.7 percent in March 2014, from 6.0 percent in February 2014.

The general price level marginally increased in March 2014 compared to the prices in the previous month raising the absolute CCPI computed by the Department of Census and Statistics to 177.9 from 177.8 in February.

The increase in the index was mainly attributed to the 0.05% increase in food prices. The combined effects of both domestically produced and imported food commodities contributed to the increase in the food sub Index.

According to the monetary authority, core inflation continued its declining trend, reflecting the effectiveness of monetary policy measures implemented by the Central Bank.

ColomboPage - Recent 10 Stories
Sri Lanka inflation rises to 3.6 percent in July2014
-- [23 minutes ago]
Sri Lanka, Singapore bilateral discussions focus on expanding economic and defense relations
-- [5 hours ago]
Sri Lanka plans to release Indian fishermen before their planned invasion
-- [6 hours ago]
Committee appointed to draft amendments to Constitution to abolish executive Presidency in Sri Lanka
-- [6 hours ago]
Sri Lankan youth withdraws more than hundred times of his savings from ATMs
Sri Lankan Minister warns of severe debt crisis if revenues not increased
Abduction of a four year old child shocks Sri Lanka as police remain clueless
Sri Lanka securities regulator licenses the country's first ever dollar fund
Militant Buddhist monk organization in Sri Lanka invades Ministry of Buddhist Affairs again
Factions of Sri Lanka doctors' union at national hospital clash

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.