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Sri Lanka’s national inflation accelerates to 3.4-pct in July EmptyToday at 3:31 pm by nihal123

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» අපි නොදන්න ගීතයක කතාව
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Sri Lanka’s national inflation accelerates to 3.4-pct in July EmptyWed Oct 02, 2019 6:46 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
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» Ranil agrees to give Sajith candidacy - AdaDetana
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» Cracks in the Real Estate Sector
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» JINS.N0000 ( Janashakthi Insurance PLC)
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» Obituary Notice.
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» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
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» In the Meantime, Within Our Shores !
Sri Lanka’s national inflation accelerates to 3.4-pct in July EmptyThu Aug 29, 2019 10:37 am by කිත්සිරි ද සිල්වා

» Sri Lanka to call for bids to develop Mannar Basin natural gas find
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Sri Lanka’s national inflation accelerates to 3.4-pct in July EmptySun Aug 25, 2019 11:51 pm by sanjulanka

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
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» Tokyo as at 21.08.2019 Morning
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» What Would You Do?
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Sri Lanka’s national inflation accelerates to 3.4-pct in July

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Sri Lanka’s national inflation accelerates to 3.4-pct in July Empty Sri Lanka’s national inflation accelerates to 3.4-pct in July

Post by The Invisible on Wed Aug 22, 2018 11:23 am

ECONOMYNEXT – Sri Lanka’s national inflation hit a six-month high of 3.4 percent in July 2018 from a year ago, having been below the 3.0 percent level over the previous four months, the Department of Census and Statistics (DCS) said.

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)
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