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 ::
Project to extend Marine Drive as an underground road to Colombo Port City
-- [5 hours ago]
Passenger terminal facilitating 15 million passengers per year to be built in Colombo Airport
-- [6 hours ago]
Sri Lanka announces minimum qualifications for medical education
-- [7 hours ago]
Sri Lankan President promises to provide all facilities for security forces members to equip them with knowledge
-- [9 hours ago]
UN Volunteers in Sri Lanka celebrate International Volunteer Day 2017
Sri Lanka's industrial production index up 3.7 percent in October 2017
Sri Lankan community preparing for a multilingual internet using local scripts
Foreign Office Consultations held between Sri Lanka and Norway to review bilateral relations
Former Navy Spokesman arrested for abduction of youths remanded till February 22
Sri Lanka Railway strike ends

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.