FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Food price increase leads to higher inflation rate in July – CB Vote_lcap68%Food price increase leads to higher inflation rate in July – CB Vote_rcap 68% [ 178 ]
Food price increase leads to higher inflation rate in July – CB Vote_lcap18%Food price increase leads to higher inflation rate in July – CB Vote_rcap 18% [ 47 ]
Food price increase leads to higher inflation rate in July – CB Vote_lcap13%Food price increase leads to higher inflation rate in July – CB Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» CLC placed on a Slingshot . . . !!!
by prabath Yesterday at 11:17 pm

» ELPL-WATA-UDPL
by Maharaja Yesterday at 10:46 pm

» LLUB New Valuation for Price appreciation
by ddrperera Yesterday at 7:24 pm

» Bitcoin could trigger financial meltdown, warns Bank of England deputy
by samaritan Yesterday at 6:22 pm

» AMANA BANK LTD (ABL)
by SAGA Yesterday at 2:48 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by samaritan Yesterday at 10:53 am

» Global supply chain crisis bites in US cities as store shelves empty with rising demand
by samaritan Yesterday at 10:51 am

» LOFC AND CLC Target Price??
by madukp Yesterday at 10:33 am

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by Equity Win Yesterday at 9:35 am

» Water For All - CIND
by K.R Wed Oct 27, 2021 9:39 pm

» Sri Lanka Tourism
by rajini Wed Oct 27, 2021 8:45 pm

» EXPO/BILL/LOLC
by sandamal Wed Oct 27, 2021 4:46 pm

» Exit EXPO Enter EDEN strategy broadened to Exit EXPO Enter LOLC GROUP
by bizstock Wed Oct 27, 2021 3:03 pm

» BOGALA GRAPHITE LANKA PLC
by cheetah Wed Oct 27, 2021 2:08 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by C.THARANGA Wed Oct 27, 2021 1:25 pm

» The fate of NIFL .. CLC .. LOFC under LOCH
by Jay-Jay Wed Oct 27, 2021 12:05 pm

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by apphunter Wed Oct 27, 2021 11:58 am

» KOTA Plantation
by jehan008 Wed Oct 27, 2021 11:33 am

» WATAWALA PLANTATION PLC (WATA.N0000)
by cseguide Wed Oct 27, 2021 10:58 am

» KOTAGALA PLANTATION PLC (KOTA.N0000)
by Tissa Wed Oct 27, 2021 7:13 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Food price increase leads to higher inflation rate in July – CB

Food price increase leads to higher inflation rate in July – CB

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Central Bank said on Tuesday inflation, as measured by the Colombo Consumers’ Price Index (CCPI) (2006/07=100) computed by the Department of Census and Statistics, increased to 6.0% in July 2012, on an annual average basis, from 5.8% in the previous month.

The year-on-year (YoY) inflation rose to 9.8% in July 2012 from 9.3% in June 2012, mainly due to the price increases in food category.

Meanwhile, core inflation, continued its decelerating trend for the tenth consecutive month and reached at 5.5% in July 2012, on an annual average basis, from 5.7% in June 2012, while increasing on a YoY basis to 6.0% in July 2012 from 5.8% in the previous month.

The CCPI increased by 0.9% in July 2012 over the previous month, with the Index increasing in absolute terms to 166.7 from 165.2 in June 2012. The contribution to the monthly increase in the Index came mainly from price increases in the Food and Non-Alcoholic Beverages category (by 1.6%) followed by the Non-Food category (by 0.3%). The increase in the prices of rice, coconut, fresh fish, sugar, fruits, vegetables and prepared food contributed to the increase in the food category of CCPI. The upward revision in the prices of wheat flour, fuel and milk powder has had an impact on the prices of prepared foods with a time lag.

However, a decline in the prices of red onions, big onions and limes was also reported during the month. Within the Non-Food category, prices increased in the sub-categories of Health (by 1.9%); Clothing and Footwear (by 1.1%); Furnishing, Household Equipment and Routine Household Maintenance (by 1.1%); Miscellaneous Goods and Services (by 0.2%) and Transport (by 0.1%). However, prices in the sub-category of Housing, Water, Electricity, Gas and Other Fuels recorded a decline of 0.3% due to the reduction in prices of LP gas w.e.f. 14 July 2012. Meanwhile, the prices in the sub-categories of Communication; Recreation and Culture; and Education remained unchanged during the month.
http://www.ft.lk/2012/08/02/food-price-increase-leads-to-higher-inflation-rate-in-july-cb/

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum