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 8.8 percent in October 2017
Wed, Nov 22, 2017, 07:58 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 22, Colombo: Sri Lanka's nationwide inflation in October 2017 determined under the National Consumer Price Index (NCPI) increased to 8.8 percent from 8.6 percent recorded in September on an year-on-year basis, the Department of Census and Statistics reported.

The reason for increase in inflation was attributed to the increases in food prices in October 2016.

The NCPI for all items for the month of October 2017 increased by 1.2 percent to 124.8 from 123.3 in September. The increase in the index point by 1.2 percent was due to the expenditure value increases of food items by 1.12 percent and non‐food items by 0.08 percent respectively.

Y on Y inflation of food group reported for the month of October 2017 was 14.7 percent while that for non-food group was 4.3 percent.

On year on year basis, contribution of food commodities to inflation was 6.44 percent in October 2017 compared to October 2016. Contribution of non-food items was 2.41 percent.

The moving average inflation for the month of October 2017 is 7.1 percent. The corresponding rate for the month of September 2017 was 6.8 percent.

 

ColomboPage - Recent 10 Stories ::
Sri Lanka Speaker to make a special statement on unity government tomorrow
-- [18 minutes ago]
Over 3,000 died in road accidents in Sri Lanka last year
-- [45 minutes ago]
Sri Lanka's Muslim party ACMC calls for leaders to unite for a stable government
-- [1 hour and 42 minutes ago]
First draft of National Sustainability Dialogue presented to President
-- [2 hours ago]
Sri Lankan government to finalize a new economic program by next week
-- [3 hours ago]
Sri Lanka Opposition Leader slams former president for misleading people on ethnic issue
-- [9 hours ago]
Sri Lanka election monitor calls on government to hold Provincial Council Elections in April
DFCC Bank profit after tax up by 34 percent in FY 2017
Ranil was Prime Minister before the national government - Jayampathy
Sri Lankan executive in India arrested for sexually assaulting a tribal woman employee

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.