Annual average inflation, which declined since June 2013, declined marginally to 3.2 percent in January, from 3.3 percent in previous month.
The absolute CCPI computed by the Department of Census and Statistics increased from 180.2 in December to 183.2 in January 2015.
The general price level increased 1.67 percent in January 2015 compared to the prices in the previous month and due to the increase in prices of fresh food items.
Of the total increase of 1.67 percent, food items contributed a percentage of 1.80 while the Housing, Water, Electricity, Gas & Other Fuels showed a decline in prices. On average, expenditure value on items in Food group increased by Rs. 908.14.
On year to year basis, the highest contribution to the overall increase of around 167.5 percent came from food commodities which increased by 3.2 percent in January 2015.
The Core inflation, which indicates the underlying inflation in the economy, declined from 3.2 percent in December 2014 to 2.1 percent in January 2015 on a Year-on-Year basis. Annual average core inflation during January 2015 was 3.4 percent, compared to 3.5 percent recorded in December 2014.