Tue, 29 Nov 2022 Today's Paper

January national inflation up at 1.2%

22 February 2019 12:01 am - 0     - {{hitsCtrl.values.hits}}

A A A

  • Core inflation increases to 5.1%

 

Sri Lanka’s countrywide consumer prices as measured by year-on-year (YoY) change in the National Consumer Price Index (NCPI) rose to 1.2 percent in January 2019 from 0.4 percent in December 2018, driven by base effect and increased non-food prices. 


The YoY non-food inflation increased to 6.5 percent in January from 4.7 percent in December. However, YoY food inflation decreased further to -4.8 percent in January from -4.5 percent in December.

The change in the NCPI measured on an annual average basis decreased to 1.8 percent from 2.1 percent in December.


The month-on-month change of the NCPI was increased by 0.2 percent in January 2019, mainly due to increase in prices of items in the non-food category comprising housing, water, electricity, gas and other fuels sub-category. Housing rent recorded the highest increase. 


Further, prices of items in the alcoholic beverages and tobacco, clothing and footwear, furnishings, household equipment and routine household maintenance sub-categories also reported increases during the month. 


Meanwhile, prices of the items in the food category decreased where vegetables, coconuts, limes, big onions, potatoes and green chilies recorded prominent decreases.  
The core inflation, which reflects the underlying inflation in the economy, increased significantly from 3.1 percent in December to 5.1 percent in January on YoY basis. 
Meanwhile, annual average core inflation also increased from 2.4 percent to 2.7 percent. 

 


Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

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




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

POLICE ON TRIAL: Exercising Authority without Accountability

Although armed with the power of the State and empowered to use force against

Downfall and death of LTTE’s Mahathaya

The Liberation Tigers of Tamil Eelam (LTTE) ceased to exist as a functioning

Rishi Sunak; why SL did not have a Tamil or Muslim as President?

Britain now has a British Asian, Hindu Prime Minister, though Rishi Sunak is

How and why MGR launched ADMK 50 years ago

17 October 1972 was a Tuesday. Fifty years ago on that auspicious day, a new