The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has decreased to -0.2% in September 2024 from 1.1% in August 2024, according to the latest data released by the Department of Census and Statistics.Â
Meanwhile, food inflation also decreased to 0.5% in September, down from 2.3% in August.
The NCPI for all items for the month of September 2024 is 203.1 and it records a decrease of 1.0 in index points compared to August 2024.
The NCPI for all items for the months of September 2024 is 203.1. A decrease of 1.0 index points or 0.48 percentage compared to August 2024 for which the index was 204.1. This decrease represents a decrease in expenditure value of Rs. 500.25 in the “market basketâ€.
The overall rate of inflation as measured by the NCPI on a Year-over Year basis was -0.2% in September 2024 and inflation calculated for the August 2024 was 1.1%.Â
On a monthly basis, the Year-on-Year inflation of the food group decreased to 0.5% in September 2024 from 2.3% in August 2024 and the Year-on-Year inflation of the non-food group decreased to -0.7% in September 2024 from 0.2% in August 2024.
On a Year-on-Year basis, contribution of food commodities to inflation was 0.22 percent in September 2024 compared to the month of September 2023, the report said.
Rajasthan Royals roped in star Sri Lanka spinner Maheesh Theekshana and Wanindu Hasaranga during the…
The Public Utilities Commission of Sri Lanka (PUCSL) announced that electricity tariffs will remain unchanged…
As a subject, vocational education directly contributes to the economy and should be considered a…
Aiming to cash on growing outbound Indian tourists, Sri Lanka and Australia have launched new…
President Anura Kumara Dissanayake stated that if the current government fails to meet the expectations…
There have been abuses in the issuance of permits for expatriate workers to import electric…