Down Play

Sri Lanka’s Census and Statistics Department says the island’s consumer in June 2005, saved a total just over the minimum bus fare for a single journy. Sri Lanka’s Census and Statistics Department says the island’s consumer in June 2005, saved a total just over the minimum bus fare for a single journy. The Colombo Consumers’ Price Index (CCPI) for June 2005 touched 4019.1, down 2.4 index points or 0.1 percent over May.

The department says this is a decrease of Rs. 4.84 in the expenditure value of “market basket” when compared to May 2005.

The point to point average also edged down, moving to 9.54 percent in June from 11.8 per cent in May 2005.

Sri Lanka’s key consumer inflation index however notched up marginally on a 12 month average moving up to 12.6 percent in June from 12.4 percent in May 2005.

Inflation in June 2004 was at 3.9 percent on a 12 month average, a month after Sri Lanka posted its lowest inflation rate in recent history of 3.7 percent on a 12 month average.

The department meanwhile said lower prices for key consumer items including rice, wheat flour, sugar, dried chillies, red onions, coconut oil, fresh and dr