Sri Lanka inflation NCPI decelerates 0.7-pct in Jan 2016

Feb 23, 2016 (LBO) – Sri Lanka’s consumer prices decelerated 0.7 percent in January from a year earlier, compared with a 4.2 percent rise in December, data from the state statistics office showed.

In December, inflation rose at a slower pace as compared with November’s 4.8 percent, the new index with a base year of 2013 showed.

The NCPI in December fell 1.1 percent on a month-on-month basis, from 1.1 percent rise a month ago.

The NCPI for all items for the month of January 2015 was 112.0.

A decrease of 1.2 index points or a percentage of 1.1 was noted in January 2016 compared to December 2015 for which the index was 113.2