Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka nationwide inflation rises to 8.6 percent in March 2017
Fri, Apr 21, 2017, 06:56 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 21, Colombo: Sri Lanka's nationwide inflation in March 2017 determined under the National Consumer Price Index (NCPI) slightly increased to 8.6 percent from 8.2 percent recorded in February on an year-on-year basis, the Department of Census and Statistics data released on Friday showed.

During the year 2016, the lowest price level was reported for the month of March and this can be considered as the main reason for the observed slight increase in inflation reported for the March 2017, the Census and Statistics Department statement said.

The NCPI for all items for the month of March 2017 decreased marginally by 0.35 percent to 119.5 from 119.9 in February. This monthly change was due to the decrease of expenditure value of food items by 0.38 percent and expenditure value increase of non‐food items by 0.03%.

Year-on-year inflation of food group reported for the month of March 2017 was 11.2 percent while that for nonfood group was 6.7 percent.

On year on year basis, contribution of food commodities to inflation was 4.88 percent in March 2017 compared to March 2016.

The moving average inflation for the month of March 2017 is 5.6 percent.

 


ColomboPage - Recent 10 Stories ::
WHO to celebrate 70th World Health Day in Sri Lanka this year
-- [3 hours ago]
Supreme Court rejects another SLPP petition against rejection of nominations for four LG bodies
-- [3 hours ago]
Sri Lankan Navy personnel accused of chasing away over 2000 Tamil Nadu fishermen from island waters
-- [4 hours ago]
Sri Lanka, Singapore Premiers discuss stepping up cooperation through trade, investment
-- [5 hours ago]
President instructs to release report of PRECIFAC online
-- [5 hours ago]
Singapore and Sri Lanka sign free trade agreement deepening economic ties
-- [6 hours ago]
Reports of Bond Commission and PRECIFAC tabled in Parliament
-- [6 hours ago]
Ten-year plan to address shortcomings in Colombo - PM
Uva CM surrenders to police over the principal kneeling incident
Five new envoys to Sri Lanka present credentials to President

Copyright © 2000, 2016 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.