Sri Lanka inflation at 3.0-pct in October

Nov 23, 2015 (LBO) – Sri Lanka’s consumer prices rose 3.0 percent in the 12-months to October from a year earlier, from the 1.9 percent a month earlier, data from the state statistics office showed.

Year on year inflation of Food Group has increased from 1.1 percent in September 2015 to 2.3 percent in October 2015 while Non‐food Group also increased by 3.2 percent to 4.4 percent during this period.

The Department of Census and Statistics has commenced releasing this new price index called ‘National Consumer Price Index’ from this month.

The national consumer basket includes 407 items which represent the consumption expenditure of
all households in Sri Lanka.

The year 2013 is the base Year for NCPI. For comparison purposes, monthly NCPI has been calculated
from January 2014 to September 2015.

The Department has been releasing Colombo Consumer Price Index from June 2011, covering the urban areas of Colombo district.

Read More: Sri Lanka to introduce National Consumer Price Index




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