Sri Lanka urban price index up 9.7-pct in September

Oct 04, 2013 (LBO) – Consumer prices in Sri Lanka’s urban centres rose 9.7 percent in the 12-month to September slowing from 9.9 percent in August, an index compiled by private citizens showed. The CAL Urban Price Index, compiled by CAL Research, a Colombo based equity research house, fell 1.8 percent in the month with food prices falling.

Sri Lanka’s Colombo Consumer Price Index, compiled by the state statistics office also eased in September to 6.2 percent in September from 6.3 percent in August.

The CAL Urban Index collects data from around the country and tracks prices from supermarket chains.

It covers 54 percent of urban households earning above 80,000 rupees a month.

Corrected – The CAL Urban Index collects data from around the country and tracks prices from supermarket chains