Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker
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)
- Posts : 2345
Join date : 2016-11-28
Age : 40