Consumer prices up 6.8% in February

1 March 2017 10:28 am - 0     - {{hitsCtrl.values.hits}}



REUTERS: Sri Lanka’s consumer prices rose 6.8 percent in February from a year earlier, accelerating from the previous month’s 5.5 percent increase under a revised base-year and market basket, data from the Department of Census and Statistics showed yesterday. 
Core annual inflation, which excludes fresh food, energy, transport, rice and coconuts, rose 7.1 percent in February compared with the previous month’s 7.0 percent gain, the index with a new base year of 2013 showed. 

On a month-on-month basis, the Colombo Consumer Price Index (CCPI) rose 0.5 percent this month, slowing from last month’s 1.2 percent increase. 
February inflation, as measured on a 12-month moving average basis, hit 4.6 percent from the last month’s 4.3 percent.


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