Inflation rate up to 6.7% in October

Friday, 1 November 2013 03:34 -     - {{hitsCtrl.values.hits}}

Reuters: Sri Lanka’s annual inflation rate accelerated to 6.7% in October from 6.2% in September, the Department of Census and Statistics said on Thursday. Annual average inflation, measured on a 12-month moving basis, edged down to 10-month low of 7.6% in October from 7.8% a month ago. In May, it hit a record high of 8.8%. Core annual inflation, which excludes fresh food, energy, transport, rice and coconuts, eased to a record low of 2.6% compared with 3.0% a month ago, according to the new consumer price index introduced in mid-2011.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.