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 ::
Sri Lanka assures to implement all transitional justice mechanisms in accordance with Constitution
-- [6 hours ago]
UN regrets Sri Lanka's slow progress in establishing transitional justice mechanisms
-- [7 hours ago]
Private investment is the key for economic growth, Sri Lanka Finance Minister emphasizes
-- [8 hours ago]
Special investigation into police conduct during communal attacks in Kandy
-- [9 hours ago]
Sri Lanka nationwide inflation declines to 3.2 percent in February 2018, lowest since April 2016
No-Confidence Motion against Sri Lanka Prime Minister handed over to Speaker
Wrongdoers in the past regime attempting to wash their sins with the no-confidence motion against PM - Akila
UNDP Community Forestry Project replants forests in Sri Lanka
UN, Sri Lanka joint symposium provides a platform for enhancing the use of data towards a Sustainable Sri Lanka
Sri Lankan President to attend Pakistan Republic Day as Chief Guest

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.