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 2.5 percent in August 2018
Sat, Sep 22, 2018, 09:36 am SL Time, ColomboPage News Desk, Sri Lanka.

Sept 22, Colombo: Sri Lanka's nationwide inflation in August 2018 determined under the National Consumer Price Index (NCPI) declined to 2.5 percent from 3.4 percent recorded in July 2018 on a year-on-year basis, the Department of Census and Statistics reported Friday.

The NCPI for all items for the month of August 2018 decreased to 125.4 from 126.6 in July 2018. The decrease in the index point by 0.91 percent was due to the decrease in expenditure value of food items by 1.31 percent and increase in non-food items by 0.40 percent.

Year on Year inflation of food group has decreased from 2.4 percent in July 2018 to 0.0 percent in August 2018 and that of non‐food group has increased from 4.3 percent to 4.7 percent during this month

On year on year basis, contribution of food commodities to inflation was -0.01 percent in August 2018 and contribution of non-food items was 2.57 percent.

The moving average inflation for the month of August 2018 is 4.7 percent. The corresponding rate for July 2018 was 5.1 percent.

 

ColomboPage - Recent 10 Stories ::
SriLankan brings 200 MICE travelers from Chennai to boost tourism
-- [4 hours ago]
Fitch rates Sri Lanka's USD Bonds 'B(EXP)'
-- [4 hours ago]
Moody's assigns B2 rating to Sri Lanka's proposed senior unsecured US dollar bonds
-- [4 hours ago]
Tense situation at Kalutara Hospital as people oppose GMOA petition against Health Minister
-- [4 hours ago]
State Minister leads delegation to special Workshop on Multipurpose Fisheries Construction in Korea
-- [5 hours ago]
Minister promises to increase paddy prices from Maha Season
-- [5 hours ago]
IGP's Fundamental Rights petition to be heard on July 31
-- [6 hours ago]
Traditional recipes help Valalai's women become modern entrepreneurs
-- [7 hours ago]
Prime Minister to open high quality lubricants blending plant at Muthurajawela today
-- [9 hours ago]
Sri Lanka Insurance receives Fitch Rating upgrade to AAA (lka) for strong financial stability

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.