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

Leading News from Sri Lanka::

* Sri Lanka nationwide inflation rises to 7.9 percent in August 2017
Thu, Sep 21, 2017, 07:09 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 21, Colombo: Sri Lanka's nationwide inflation in August 2017 determined under the National Consumer Price Index (NCPI) increased to 7.2 percent from 6.3 percent recorded in July on an year-on-year basis, the Department of Census and Statistics reported on Thursday.

The reason for increase in inflation was attributed to the low price levels prevailed in August 2016.

The NCPI for all items for the month of August 2017 decreased marginally by 0.09 percent to 122.3 from 123.4 in July. The decrease in the index point by was due to the expenditure value decrease of food items by 0.25 percent and increase of non‐food items by 0.16 percent.

Year-on-year inflation of food group reported for the month of August 2017 was 12.1 percent while that for nonfood group was 4.8 percent.

On year on year basis, contribution of food commodities to inflation was 5.29 percent in August 2017 compared to August 2016. Contribution of non-food items was 2.68 percent.

The moving average inflation for the month of August 2017 is 6.5 percent. The corresponding rate for the month of July 2017 was 6.2 percent.


ColomboPage - Recent 10 Stories ::
Two school girls drown in sea in Kalutara
-- [3 minutes ago]
Sri Lanka Railways workers to strike from midnight Sunday
-- [46 minutes ago]
Sri Lankan government confirms two new diplomatic posts
-- [2 hours ago]
Sri Lanka takes steps to develop adventure tourism
-- [3 hours ago]
CMC, tri forces launch special project to clean the Beira Lake in Sri Lankan capital
Sri Lanka's first solar panel manufacturing plant with Japanese investment opens in Katunayake
Sri Lanka President commences construction of China-gifted national hospital for kidney patients
Sri Lanka President determined on implementing death penalty for drug traffickers
99X Technology ranked among Sri Lanka's Best Workplaces for sixth consecutive year
Indian PM joins island-wide launch of free Emergency Ambulance Service in Sri Lanka

Copyright © 2000, 2016 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.