Sri Lanka inflation eases to 6.4-pct in September

Sri Lankan Police forming a human chain in parliament to protect the Speaker and enable a vote.

Sept 30, 2011 (LBO) – Consumer inflation in Sri Lanka’s capital Colombo slowed to 6.4 percent in September from 7.0 percent in August, though the index itself gained 0.3 percent during the month, the state statistics office said.

International commodity prices have eased in recent weeks.

Food and non-alcoholic beverages rose 0.1 percent in the month, while non-food items rose 0.4 percent.

Food items have been falling on absolute basis from around March, and the foods sub index which spiked to 178.9 points fell to 169.7 points in August and gained marginally to 169.9 points in September.