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Sri Lanka nationwide inflation declines to 4.5-pct in Aug 2016

Sept 21, 2016 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index declined to 4.
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5 percent in August from the 5.
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8 percent reported a month earlier on an yearly basis, data from the state statistics office showed.
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In August 2016, the contribution to the inflation from food group and non-food group are 1.84 percent and 2.61 percent respectively. NCPI has been calculated as 113.3 for August 2016 and it shows a decrease of 1.
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9 index points to the previous month’s index of 115.

2. This monthly change is due to the decrease of expenditure value of food items by 1.
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8 percent and increase of expenditure value of non-food items by 0.

1 percent. The expenditure value of food commodity group has decreased by 1.
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8 percent in August 2016 compared to July 2016. The expenditure value of non food commodity group has increased by 0.
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1 percent in August. august-inf
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