Sri Lanka inflation slows to 0.9-pct in January

ECONOMYNEXT – Inflation in Sri Lanka rose 0.9 percent in January 2016, slowing from 2.8 percent the previous month, the Department of Census and Statistics said.

The Colombo Consumer Price Index (CCPI) fell 0.2 percent in January 2016 compared with December 2015. In December, the CCPI had risen 0.3 percent.

The statistics department said the CCPI for all items for the month of January 2016 was 184.9, down 0.3 index points or 0.16 percent compared to the month of December 2015.

On the month-on-month basis this was due to the decrease of food items by 0.27 percent and increase of non‐food items by 0.10 percent.

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