- The Invisible
- Posts : 2920
Join date : 2016-11-28
Age : 41
Inflation, measured by the National Consumer Price Index (NCPI), had been 2.5 percent in June 2018.
Inflation in July was driven mainly by increases in prices of the non-food category of the index, mainly transport, the DCS said in a statement.
Inflation of the food group in the index increased from 0.5% in June 2018 to 2.4% in July 2018 and that of the non‐food group increased from 4.2% to 4.3%.
The contribution of food commodities to inflation was 1.09 percent in July 2018 while the contribution of non food items was 2.31 percent.
This was mainly due to expenditure value increases in ‘Transport’ (0.79%) and other categories like ‘Health’ (0.49%) and ‘Housing, Water, Electricity, Gas and Other fuels’ (0.21%).
(COLOMBO, 21 August, 2018)