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
Government to purchase power from private producers
-- [3 hours ago]
Sri Lanka PM criticizes print media for attempting bring 'thieves' back to power
-- [4 hours ago]
Sri Lankan President requests politicians and public officials to build public's trust in government
-- [5 hours ago]
Sri Lanka police arrest a man dressed in a burka at the airport
-- [6 hours ago]
FCID clears former Ministry of Megapolis adviser of financial fraud allegations
-- [7 hours ago]
Case against former Minister Basil Rajapaksa over misappropriating Divi Neguma Funds fixed for December 06
Sri Lanka tea meets Saudi FDA specifications, delegation told
A polished entrance: Unger joins the Spotless portfolio
Stellar results wins Renuka City Hotel Booking.com Best Performance Award for 2015
Social Welfare Register introduced to reduce 'ghost' beneficiaries

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.