Reply To:
Name - Reply Comment
Last Updated : 2024-04-18 08:56:00
Sri Lanka’s countrywide inflation measured by the National Consumer Price Index (NCPI) rose to 3.4 percent in August, from 2.2 percent in July, amid the low base that prevailed in the corresponding month of the previous year and the increases in the prices of food and non-food items.
The food and non-food inflation in August recorded 0.6 percent and 5.6 percent, respectively.
The change in the NCPI measured on an annual average basis increased marginally to 2.0 percent in August, from 1.9 percent in July.
The monthly change of NCPI recorded 0.2 percent and it was due to the price increases observed in the items of both food and non-food categories.
Within the food category, the prices of banana, rice and fresh fish
recorded increases.
Within the non-food category, the prices of the items in transport; alcoholic beverages, tobacco and narcotics and clothing and footwear sub-categories increased during the month.
The core inflation, which reflects the underlying inflation in the economy, declined to 5.9 percent in August, from 6.1 percent in July.
However, the annual average core inflation increased to 5.0 percent in August, from 4.7 percent a month ago.
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
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul
A recent post on social media revealed that three purple-faced langurs near t
10 Apr 2024
09 Apr 2024