Sun, 05 Dec 2021 Today's Paper

Consumer prices rise 3.3% in November on non-food items

3 December 2018 10:44 am - 0     - {{hitsCtrl.values.hits}}

A A A

 

Consumer prices in Colombo rose 3.3 percent during the month of November on year-on-year basis, accelerating from 3.1 percent recorded for October, the data released by the Census and Statistics Department showed. 


This ended a three-month streak in the inflation fall as measured by the change in the Colombo Consumers’ Price Index (CCPI).


The contribution of food commodities for November inflation was negative 0.32 percent. However the contribution of non-food items was 3.59 percent. According to the Census and Statistics Department, this was mainly due to an increases in transport, health, housing, water, electricity, gas and other fuels.

The moving average inflation rate for the month of November 2018 was 4.6 percent. The rate for the corresponding month of October was 5.0 percent. 


The CCPI for all items for November was 126.2, recording an increase of 1.3 percent compared to 124.6 recorded for October 2018. This increase was due to the expenditure value increase of food items by 0.89 percent and increase of Non-Food items by 0.41 percent.

 

  Comments - 0


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





A Sri Lankan giving dignified burials to unclaimed bodies for five decades

After their death, most people are memorialized at a service, surrounded by g

Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter