Lankapage Logo CP 19 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 declines to 2.8 percent in March 2018, lowest since April 2016
Mon, Apr 23, 2018, 07:58 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 23, Colombo: Sri Lanka's nationwide inflation in March 2018 determined under the National Consumer Price Index (NCPI) declined to 2.8 percent from 3.2 percent recorded in February 2018 on an year-on-year basis, the Department of Census and Statistics reported Monday.

Inflation of 2.8 percent reported for March 2018 is the lowest inflation reported since April 2016, Department of Census and Statistics said.

The NCPI for all items for the month of March 2018 decreased by 0.7 percent to 123.7 from 125.8 in February 2018. The decrease in the index point was due to the expenditure value decrease of food items by 0.80 percent and increase of non‐food items by 0.08 percent.

Year on Year inflation of food group has decreased from 3.7 percent in February to 2.6 percent in March 2018 and that of non-food group has increased from 2.8 percent to 2.9 percent during this month.

On year on year basis, contribution of food commodities to inflation was 1.19 percent in March 2018 and contribution of non-food items was 1.59 percent.

The moving average inflation for the month of March 2018 is 6.7 percent. The corresponding rate for February 2018 was 7.2 percent.

 

ColomboPage - Recent 10 Stories ::
Lonely Planet names Sri Lanka as world's top destination to travel in 2019
-- [23 minutes ago]
Sri Lanka, South Africa focus on strengthening political, economic, trade relations at partnership forum
-- [56 minutes ago]
ACMC lodges complaint on an alleged plot to assassinate Minister Rishad Bathiudeen
-- [1 hour and 10 minutes ago]
KOICA and UNICEF sign a US$ 6 million partnership to support education projects in Northern Sri Lanka
-- [1 hour and 28 minutes ago]
Architecture Xtudio to revitalize architecture & construction industry dialogue this month
-- [1 hour and 52 minutes ago]
U.S. Department of State provides Sri Lanka Rs. 600 million for mine clearance
-- [2 hours ago]
BOI attracts investments into Trincomalee district fueling development and employment generation
-- [2 hours ago]
Sri Lankan passenger arrested for attempting to smuggle foreign currency worth Rs. 6.4 million
-- [9 hours ago]
Alaina Teplitz sworn in as next U.S. Ambassador to Sri Lanka and Maldives
Sri Lanka Navy arrests two men with over 150 kg of Kerala cannabis in northern seas

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.