Central Bank explains inflation – Most food items down, everything else goes up
“The contribution to the monthly increase of 0.1 percent in the Index came from price increases in the non-food items, mainly due to the revision in the prices of fuel and gas during the month,” the Central Bank said. Year-on-year inflation reached 9.8 percent in April the highest in 27 months.
The Central Bank said: “Prices in the Food sub category, actually declined by 1.7 percent. Within this category, prices of almost all major food items such as rice, vegetables, green chilies, most varieties of fresh fish, big onions, red onions, eggs, coconut and coconut oil declined due to improvements in supply.
“Prices of chicken however moved up due to seasonal demand, while price increases were also registered for fruits and potatoes.
“Prices in the sub category of housing, water, electricity, gas and other fuels increased by 3.1 percent due to the upward revision in the prices of gas and kerosene oil while prices in the transport sub category increased by 2.8 percent mainly due to the price increases in petrol and diesel. Meanwhile, price increases were also registered in the sub categories of clothing and footwear (0.9 per cent); Furnishing, household equipment and routine household maintenance (2.0 per cent); recreation and culture (0.3 per cent); and miscellaneous goods and services (1.2 per cent),” the Central Bank said.
Courtesy: The Island
Latest Headlines in Sri Lanka
- 2024 A/L Examination postponed: New dates announced November 26, 2024
- Sri Lanka Defence Secretary graces 53rd Bangladesh Armed Forces Day November 26, 2024
- MP Ramanathan Archchuna faces arrest warrant over 2021 traffic incident November 26, 2024
- Court orders Arjuna Mahendran to appear over 2015 treasury bond case November 26, 2024
- Sri Lanka to present 2025 Budget on January 9, 2025 November 26, 2024
today in a mean time others parliament jokers who is depending from our swat and money there are having luxurious life style and eating in a 5*hotels and finedining restaurants DAILY BASES (of course with our parliament bithces actresses)
What is our sri lankan dignity, as a sri lankan we all must be shameful for whats happening around us in sri lanka today – I mean each single things
Along and other stupidities like :I hear there is plan to change sri lankan national flag colors, hugely corrupt ROAD developing over the past years..hambantota developing (but still not finish sing at all) oh ohh sooo manyyyyyyys, but why government jokers are concentrate(even there are not) this bullshit activities, INSTEAD OF REDUCE COST OF LIVING