Sri Lanka’s deflation increases to 0.3 pct in Sept from 0.2 pct in Aug

Sept 30, 2015 (LBO) – Sri Lanka’s deflation was lower at 0.3 percent, year-on-year, in September, from 0.2 percent in August, the census and statistics department said.

On a 12 month moving average basis, inflation fell to 0.7 percent in September from 1.0 percent in the previous month.

There were slight price declines from August to September in most types of rice, coconut oil, eggs, red onions, green chillies, vegetables and fish. Among non-food items, there were declines in electricity, L.P. gas, kerosene and bus fares, the department said.