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Inflation+increases+in+November
Monday, 03 December 2012 - 13:52
Inflation increases in November
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Inflation, as measured by the Colombo Consumers’ Price Index computed by the Department of Census and Statistics, increased to 9.5 percent in November 2012 on a year-on-year basis from 8.9 percent in the previous month mainly due to the increase in food prices.

Moreover, the inflation rate on an annual average basis increased to 7.2 per cent in November 2012 from 6.8 percent in October 2012.

Core inflation increased both on a Year on Year and annual average basis to 7.2 percent and 5.6 per cent, respectively, in November 2012 from 6.8 percent and 5.4 percent, respectively, in October 2012.

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