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?

Inflation declines in September led by low food prices: CB Vote_lcap68%Inflation declines in September led by low food prices: CB Vote_rcap 68% [ 178 ]
Inflation declines in September led by low food prices: CB Vote_lcap18%Inflation declines in September led by low food prices: CB Vote_rcap 18% [ 47 ]
Inflation declines in September led by low food prices: CB Vote_lcap13%Inflation declines in September led by low food prices: 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

» RENUKA AGRI FOODS PLC (RAL.N0000)
by soileconomy Today at 2:56 am

» CLC placed on a Slingshot . . . !!!
by cseguide Yesterday at 11:30 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by LHW Yesterday at 10:35 pm

» WATAWALA PLANTATION PLC (WATA.N0000)
by Niwa Yesterday at 10:22 pm

» ELPL-WATA-UDPL
by Niwa Yesterday at 10:14 pm

» Dusit Thani Sri Lanka project halted?
by js71 Yesterday at 8:48 pm

» BOGALA GRAPHITE LANKA PLC
by cheetah Yesterday at 8:19 pm

» WATA good times are ahead
by cseguide Yesterday at 8:16 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by jaya Yesterday at 6:50 pm

» EXPO/BILL/LOLC
by SAGA Yesterday at 6:35 pm

» The fate of NIFL .. CLC .. LOFC under LOCH
by Shivanthini Yesterday at 3:57 pm

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by Shivanthini Yesterday at 3:55 pm

» CFLB hidden gem
by skyfall Yesterday at 2:13 pm

» LLUB Dividend
by rajithasahan Yesterday at 1:49 pm

» GLAS will be winner with Super Gain.
by invest thinker Yesterday at 11:36 am

» Next Bull - ELPL/Elpitiya Plantation
by Tissa Yesterday at 6:31 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Ekanayake90 Sun Oct 24, 2021 9:52 pm

» What happen to Dhammika Perera
by Basu Sun Oct 24, 2021 8:48 pm

» AEL becomes the major producer & supplier of asphalt concrete in Sri Lanka
by samaritan Sun Oct 24, 2021 3:44 pm

» KOTAGALA PLANTATION PLC (KOTA.N0000)
by Tissa Sun Oct 24, 2021 11:38 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™ » Inflation declines in September led by low food prices: CB

Inflation declines in September led by low food prices: CB

4 posters

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Sept 30, 2013 (LBO) - Sri Lanka's inflation rose 6.2 percent in September 2013 from a year earlier, slowing from 6.3 percent in August, data from the state statistics office showed.

The annual average inflation, which is a lagging indicator averaging across 24 months also fell to 7.8 percent from 8.0 percent.

The index fell 0.2 percent during the month to 175.8 points from 176.2 points.

The sub-index for food without alcoholic beverages and cigarettes fell 0.5 percent during the month and non foods fell 0.1 percent.

Sri Lanka's credit growth is slower than last year though state spending and borrowing is still high and the central bank is expecting inflation to be around these levels this year.

The International Monetary Fund has said monetary policy should not be relaxed further this year, until the effects of earlier easing is seen.
http://www.lankabusinessonline.com/news/sri-lanka-inflation-up-6.2-percent-in-september/122000413

sriranga

sriranga
Co-Admin
Inflation declines in September led by low food prices: CB Consum10
http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20130930e.pdf

http://sharemarket-srilanka.blogspot.co.uk/

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Inflation, as measured by the Colombo Consumers’ Price Index (CCPI) (2006/07=100) computed by the Department of Census and Statistics, decreased to 6.2% in September 2013 from 6.3% in the previous month, on a year-on-year (YoY) basis, mainly due to low food prices.

The annual average inflation rate also decreased further to 7.8% in September 2013 from 8.0% in the previous month, for the fourth consecutive month.

Core inflation on both YoY and annual average basis decreased to 3.0% and 5.7%, respectively, in September 2013 from 3.1% and 5.9%, respectively, in August 2013.

Inflation declines in September led by low food prices: CB 2310

The CCPI decreased by 0.2% in September 2013 over the previous month, with the Index decreasing in absolute terms to 175.8 from 176.2 in August 2013. The contribution to the monthly decrease in the Index came mainly from price decreases (by 0.5%) in the Food and Non Alcoholic Beverages sub-category.

Within the Food category, the prices of almost all varieties of rice, vegetables, fresh fish, dried fish, chicken, potatoes, green chillies and big onions decreased during the month.However, an increase in the prices of some varieties of fruits, coconuts, infant milk powder, eggs, red onions and limes was reported.

Within the Non-Food category, decrease in prices was reported in the sub-category of Clothing and Footwear (by 0.3%).

However, the prices in the sub-categories of Housing, Water, Electricity, Gas and Other Fuels (by 0.1%); Furnishing, Household Equipment and Routine Household Maintenance (by 0.1%); Health (by 0.2%); Transport (by 0.1%); Recreation and Culture (by 1.0%) and Miscellaneous Goods and Services (by 0.1%) increased.

Meanwhile, the prices in the sub categories of Communication and Education remained unchanged during the month.
http://www.ft.lk/2013/10/01/inflation-declines-in-september-led-by-low-food-prices-cb/

kukumarx


Manager - Equity Analytics
Manager - Equity Analytics
The Central Bank keeps boasting about these low inflation numbers. However I feel the inflation numbers are low because of lack of demand.

For some goods and services, lack of demand has prevented suppliers from raising prices even though costs have been escalating.
For some others, the lack of demand has prevented them from passing on the full impact of the escalations.

This is especially true (I feel) in categories such as- Furnishing, Household Equipment and Routine Household Maintenance (by 0.1%); Health (by 0.2%); Transport (by 0.1%); Recreation and Culture (by 1.0%) and Miscellaneous Goods and Services (by 0.1%)

Once demand picks up they will pass on these cost escalations leading to a increase in prices and consequently a jump in inflation.

This has been my observation over several cycles.

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Next time have a look at Money Supply figures

Sponsored content


Back to top  Message [Page 1 of 1]

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