Lankapage Logo CP 22 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka’s national inflation marginally increases to 53.6 percent in February 2023
Tue, Mar 21, 2023, 07:59 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 21, Colombo: Sri Lanka’s nationwide inflation in February 2023 determined under the National Consumer Price Index (NCPI) marginally increased to 53.6 percent from 53.2 percent recorded in January 2023 on a year-on-year basis, the Department of Census and Statistics reported Tuesday.

The NCPI for all items for the month of February 2023 is 204.1. An increase of 2.3 index points or 1.13 percentage compared to January 2023 for which the index was 201.8.

Year-on-Year inflation of the food group decreased to 49.0 percent in February 2023 from 53.6 percent in January and the Year-on-Year inflation of the non-food group increased to 57.4 percent in February from 52.9 percent in January 2023.

With respect to February 2022, the reported inflation for the month of February 2023 was mainly due to the higher price levels that prevailed in both food and non-food groups.

Contributions to the inflation rate of February 2023 from food group and non-food group are 22.13 percent and 31.46 percent respectively.

The Department of Census and Statistics has released the National Consumer Price Index (NCPI) with a new index reference period and Inflation rate from January 2023. The NCPI with an index reference period 2013=100 has been updated to a new index reference period of 2021= 100.

Full report


ColomboPage - Recent 10 Stories ::
IMF affirms support for Sri Lanka and its people - Deputy Managing Director
-- [1 hour and 6 minutes ago]
President to deliver a special statement on the national transformation roadmap tomorrow
-- [1 hour and 49 minutes ago]
Top IMF official discusses debt restructuring negotiations with President
-- [1 hour and 53 minutes ago]
Fuel prices revised from midnight today
-- [2 hours ago]
Sri Lanka and China successfully conclude the 12th round of Diplomatic Consultations
-- [2 hours ago]
Defense State Minister seeks avenues to develop Army Ordnance Industries further
-- [4 hours ago]
Sri Lanka enhances bilateral relations with Thailand
-- [4 hours ago]
Sri Lanka inks agreement with South Korea to develop floating solar power plant
-- [5 hours ago]
Sri Lanka’s Colombo-based inflation eases to 25.2 percent in May 2023
-- [8 hours ago]
John Keells Group’s Crisis Response Initiative records promising impact among multiple communities
-- [8 hours ago]

Copyright © 2000, 2020 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.