58079
Lanka Inflation Steady at 4.2%
Lanka Inflation Steady at 4.2%

Lanka Inflation Steady at 4.2%

Lanka Inflation Steady at 4.2%

Sri Lanka’s consumer prices as measured by National Consumer Price Index rose at a steady pace of 4.2% in December from the 4.1% reported a month ago, data from the state statistics office showed, LBO reported. The Department of Census and Statistics said the NCPI has been calculated as 118.0 for December 2016. This shows an increase of 1.4 index points or a percentage of 1.2 compared to the previous month’s (November) index of 116.6. “This monthly change was due to the increase of expenditure value of food items by 1.25% and decrease of expenditure value of non-food items by 0.08%,” statistics office said. “In December 2016 contribution to the inflation from food group and non-food group are 1.06% and 3.18% respectively.” The increase in expenditure value of food commodity group in December compared to that of November was due to the price increases in rice, coconut, fresh fish, big onions, potatoes, papaw, vegetables, eggs, coconut oil, green chilies and beef. 

 

Short URL : https://goo.gl/8Q2Nu4
  1. https://goo.gl/vejZLt
  • https://goo.gl/jCgKCg
  • https://goo.gl/YZ2Rpg
  • https://goo.gl/5mi31Y
  • https://goo.gl/Qxza0A

You can also read ...

Mexico Hit by Major Bribery Scandal
Mexico is the latest country caught up in the swirling scandal...
Catalan regional vice-President and chief of Economy and Finance, Oriol Junqueras (2ndL), Spain’s King Felipe VI (7thL), Spanish Prime Minister Mariano Rajoy (6thL), President of Catalonia Carles Puigdemont (9thR), Spanish vice-President of the Government and Minister of the Presidency and of the Regional Administrations Soraya Saenz de Santamaria (5thL), Barcelona’s mayor Ada Colau (8thR), President of the Catalan parliament Carme Forcadell (4thL) and officials observe a minute of silence for the victims o
European stocks continued to trade deep into the red on Friday...
Pan-European stocks were down on Friday following falls in Asian and US stocks overnight.
European stocks continued to trade deep into the red on Friday...
Indonesia’s First Trade Deficit in 19 Months
Indonesia posted its first trade deficit since late 2015 in...
Tech Sector Suffering as Brexit Uncertainty Bites
Uncertainty caused by the UK’s decision to exit the European...
The economy is on track to meet full-year target growth.
The Philippine economy grew by 6.5% in the three months to...
Malaysia GDP grew 5.8% year-on-year in the second quarter.
Malaysia’s economic growth accelerated unexpectedly to the...
Taiwan Raises GDP Growth
Solid demand for the components Taiwan pumps out for tech...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus