Sri Lanka inflation up 6.3-pct in August

Aug 30, 2013 (LBO) – Sri Lanka’s inflation measured in the capital Colombo rose 6.3 percent in the 12-months to August up from 6.1 percent in July, though prices fell during the month, the state statistics office said. The Colombo Consumer Price Index fell 0.6 points during August to 176.2 points.

¬¬The food and non-alcoholic beverages sub-index fell 0.8 percent and the non-food items rose 0.1 percent, the state statistics office said.

The prices of several imported foods have also eased amid a falling India rupee, and the state has upped import taxes.

But Sri Lanka’s rupee has also started to depreciate. .