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The rate
of
inflation,
as
measured
by the
point-to-point
change
in the
Colombo
Consumers’
Price
Index (CCPI),
decreased
to 0.9
per cent
in
August,
from 1.1
per cent
in July.
The
annual
average
inflation
rate
also
continued
on its
declining
path
which
had
commenced
in
November,
2008 and
recorded
a single
digit
level of
8.5 per
cent,
compared
to 10.4
per cent
in July
2009. It
is
noteworthy
that
this is
the
lowest
annual
average
inflation
rate
recorded
since
2006,
states
the
Central
Bank of
Sri
Lanka.
The CCPI
decreased
marginally
by 0.3
per cent
over the
previous
month,
with the
Index
moving
downward
to 208.1
from
208.7 in
July,
2009.
The
contribution
to the
monthly
decrease
in the
Index
arose
mainly
from the
Food and
Non
alcoholic
beverages
sub
category.
All the
other
sub
categories
recorded
monthly
increases,
especially
Education,
Transport,
Clothing
and
footwear,
and
Housing,
water,
electricity,
gas and
other
fuels.
The Core
inflation,
on a
point-to-point
basis,
increased
to 6.4
per cent
in
August,
as
compared
to 6.0
per cent
in July,
2009,
while
the
annual
average
core
inflation
declined
further
to 13.2
per cent
in
August,
2009
from
14.2 per
cent in
the
previous
month.
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