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Consumer prices up 6.8% in February

02 Mar 2017 - {{hitsCtrl.values.hits}}      

 

 

REUTERS: Sri Lanka’s consumer prices rose 6.8 percent in February from a year earlier, accelerating from the previous month’s 5.5 percent increase under a revised base year and market basket, data from the Census and Statistics Department showed 
on Tuesday. 
Core annual inflation, which excludes fresh food, energy, transport, rice and coconuts, rose 7.1 percent in February compared with the previous month’s 7.0 percent gain, the index with a new base year of 2013 showed. 
On a month-on-month basis, the Colombo Consumer Price Index (CCPI) rose 0.5 percent this month, slowing from last month’s 1.2 percent increase. 

February inflation, as measured on a 12-month moving average basis, hit 4.6 percent from the last month’s 4.3 percent.