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 ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...

Add new comment

Read our comment policy before posting your viewpoints