Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka nationwide inflation declines to 0.4 percent in December 2018
Mon, Jan 21, 2019, 08:22 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 21, Colombo: Sri Lanka's nationwide inflation in December 2018 determined under the National Consumer Price Index (NCPI) declined to 0.4 percent from 1.0 percent recorded in November 2018 on a year-on-year basis, the Department of Census and Statistics reported Monday.

The NCPI for all items for the month of December 2018 marginally decreased to 127.1 from 127.7 in November 2018.

The decrease in the index point by 0.44 percent was due to the expenditure value decreases of food items by 0.17 percent and non‐food items by 0.27 percent.

Year on Year inflation of food group has decreased from ‐3.9 percent in November 2018 to ‐4.5 percent in December 2018 and that of non‐food group has also decreased from 5.2 percent to 4.7 percent during the month.

On year on year basis, contribution of food commodities to inflation was ‐2.08 percent in December 2018 compared to that of December 2017 while contribution of non-food items was 2.49 percent.

The moving average inflation for the month of December 2018 is 2.1 percent. The corresponding rate for the month of November 2018 was 2.7 percent.


ColomboPage - Recent 10 Stories ::
Government takes a revolutionary step in education for a modern Sri Lanka - PM
-- [9 hours ago]
Sri Lanka Cricket new president Shammi Silva assumes duties
Sri Lanka President says the 'legitimate child' named 19th Amendment has been abused
Sri Lanka nationwide inflation rises to 1.2 percent in January 2019
UNP appoints a committee to probe State Minister Ramanayake's allegations
Written list of MPs alleged of using cocaine given to CID, Minister Ranjan Ramanayake says
Sri Lanka Navy assists to identify sand mining areas of Mahaweli River in Trincomalee
Managing fiscal deficits can increase investments in health and education in Sri Lanka - World Bank
India assists in the establishment of Information Technology Park in Jaffna
Party leaders to summon AG for next meeting to decide on electoral system

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.