Lankapage Logo CP 21 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Colombo-based inflation in Sri Lanka declines to 4.0 percent in May 2020
Sat, May 30, 2020, 08:15 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 30, Colombo: Sri Lanka’s inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) declined to 4.0 percent in May 2020 from 5.2 percent in April 2020, the Department of Census And Statistics reported Friday.

The CCPI for all items for the month of May 2020 increased to 134.2 compared to the month of April 2020 for which the index was 133.6.

Year on Year inflation of Food Group has decreased from 13.2 percent in April 2020 to 9.9 percent in May 2020 while that of Non-food Group has decreased from 2.1 percent in April 2020 to 1.6 percent in May 2020.

For the month of May 2020, on year-to-year basis, contribution to inflation by food commodities was 2.85 percent. The contribution of Non Food items was 1.19 percent.

The moving average inflation rate for the month of May 2020 was 4.7 percent. The corresponding rate for the month of April 2020 was 4.8 percent.

 

ColomboPage - Recent 10 Stories ::
State banks requested to provide maximum relief to entrepreneurs to pay loans
US Ambassador Cindy McCain’s visit to Sri Lanka highlights work on food security by FAO, IFAD and WFP
Police arrest three with a stock of Kerala Cannabis worth Rs. 50 million in Mannar
Sri Lanka’s merchandise export earnings exceeds US$ 1.2 billion in August 2022
Japan is willing to further strengthen the bilateral relations with Sri Lanka
Sri Lanka to amend laws to raise age of a child from 16 to 18 years
The SLFP will not join the National Assembly - Chairman
SLPP suspends party membership of PS member arrested for Thambuttegama heist
As economy shrinks more working people pushed below poverty line – Eran
Special mechanism to provide relief to those displaced due to fire in Kajeemawatte, on President’s directive

Copyright © 2000, 2020 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.