National consumer prices slow down to 4.2% in December

22 January 2016 05:12 am - 0 - {{hitsCtrl.values.hits}}

A A A

Sri Lanka’s national inflation measured by National Consumer Price Index (NCPI) in December 2015 slowed down to 4.2 percent from 4.8 percent a month ago, data released by the Department of Census and Statistics (DCS) showed.
The NCPI for December rose index points 1.2 or 1.1 percent—0.89 percent from food and non-alcoholic beverages and 0.12 percent from non-food items— compared to November for which the index was 112.00.

This increase represents an expenditure value of Rs.364.04 in the “National Market Basket”.
On a year-on-year basis, contribution of food commodities to inflation was 1.18 percent in December 2015 compared to December 2014 and contribution of Non food items was 3.01 percent.

The DCS said the NCPI is compiled using prices collected from all the nine provinces. The Colombo Consumer Price Index (CCPI) only covers the urban areas of the Colombo district.
The NCPI (base year 2013), is based on data from the Household Income and Expenditure Survey (HIES) conducted in 2012/13.

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

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.

National consumer prices slow down to 4.2% in December

Comments - 0

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Ranil Wickremesinghe caravan moves on despite barking dogs

Two racing drivers arrested over Fox Hill tragedy

Street food vendor arrested for verbally harassing foreigner

Former MP Palitha Thewarapperuma dies from electrocution

Train fails to halt, crashes onto Colombo Fort platform

Racing event tragedy leaves seven dead including eight-year-old child

MIRROR CRICKET

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

TODAY'S HEADLINES

No footboard riding allowed, no liability for accidents: Railways Department

Six patients claim Rs.600 million from Keheliya and others for permanent loss of sight

SLPP, UNP initiates action for forming broad alliance

Here is the way!

Pakistan lose key players for last two T20Is against New Zealand

Sri Lanka secures third spot in South Asian Kurash Championship 2024

Athapaththu back atop ICC Women’s ODI Batting Rankings

Army forms committee to probe Diyatalawa Fox Hill Supercross accident