Thu, 05 Aug 2021 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. 

 

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into 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




See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Ugly sporting truths Sport scholarships thrive in culture of corruption

Sadly the cohort of perpetrators include egotistical leaders, coaches and eve

JR Jayewardene and the July 1983 Anti-Tamil Violence

July 24, 1983 was the day on which a destructive spree of anti-Tamil violence

“Medamulana Dynasty”: Four Sons and Three Grandsons of Don Alvin Rajapaksa

Basil Rohana Rajapaksa was sworn in as Finance minister in the Government of

Site survey near Akasa Chaitya: Is it the end of Yala?

The Yala National Park has been at the receiving end of human disturbances fr