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 to 3.5 percent in August 2014
Fri, Aug 29, 2014, 06:09 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 29, Colombo: Sri Lanka's inflation, as measured by the change in the Colombo Consumers' Price Index (CCPI) , declined to 3.5 percent in August 2014 on a year-on-year basis after rising to 3.6 percent in July, figures released by the Census and Statistics Department Friday showed .

The year on year inflation has been in single digit figures for 64 months continuously.

Annual average inflation, which declined since June 2013, declined further to 4.5 percent in August 2014, from 4.7 percent in the previous month.

The general price level decreased in August 2014 by 0.5 percent for the first time in 10 months compared to the prices in the previous month. The absolute CCPI computed by the Department of Census and Statistics dropped to 182.3 from 183.2 in July.

Decline in prices of certain food items, mainly in vegetables, Potatoes, Red onions, Green Chilies, Coconuts and Sugar offset the rise in prices of rice contributing to the overall decline in the index for August.

ColomboPage - Recent 10 Stories
Sri Lanka to hold elections under a new electoral system
-- [48 minutes ago]
UN Rights Chief urges Sri Lanka not to repeat failures of the past
-- [2 hours ago]
China hopes Sri Lanka will properly resolve problems to preserve confidence in Chinese investors
-- [2 hours ago]
Former Sri Lankan President says no construction of presidential palace for him in Jaffna
-- [3 hours ago]
Pregnant mothers in Sri Lanka to receive Rs. 20,000 food allowance
-- [4 hours ago]
Sri Lanka cabinet approves suspension of Chinese funded Colombo Port City Project
-- [4 hours ago]
Sri Lanka, India discuss boosting bilateral commercial relations
-- [5 hours ago]
Sri Lanka's Dimuth Karunaratne injured, Kusal Janith Perera leaves for Australia
-- [5 hours ago]
Sri Lanka's missing persons commission to hand in report to President
Sri Lanka steps up battle against errant traders for not passing relief measures to consumers

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.