Sri Lanka inflation 6.8-pct in January

Jan 31, 2011 (LBO) – Sri Lanka’s inflation in January 2011 rose 6.8 percent from a year ago after rising 6.9 percent in December 2010, the central bank said. Prices rose 1.3 percent during January 2011 with the index rising 231.2 in the month, it said in a statement.

The seasonally adjusted, moving average of the Colombo Consumer Price Index also rose to six percent in January from a year ago, and up from 5.9 percent in December 2010.

The moving average is a lagging indicator averaged over 24 months.

Annual average inflation was 3.4 percent in 2009.