Hirunews Logo
Inflation+drops+in+August
Monday, 08 September 2014 - 6:37
Inflation drops in August
10

Shares
1,226

Views
Inflation, based on the change in the Colombo Consumers' Price Index dropped to 4.5 percent in August compared to 4.7 percent in July this year.

The year -on-year inflation also decreased to 3.5 percent in August 2014 from 3.6 percent in the previous month, as a result of decrease in price of food items, especially of vegetables.

The decline in prices of items in the Food and Non-alcoholic beverages sub-category was the main contributor to the monthly decrease in the CCPI in August 2014.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE