{"id":136742,"date":"2023-08-31T14:36:55","date_gmt":"2023-08-31T21:36:55","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=136742"},"modified":"2023-08-31T14:36:55","modified_gmt":"2023-08-31T21:36:55","slug":"colombo-inflation-dips-further-to-4-in-august","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2023\/08\/31\/colombo-inflation-dips-further-to-4-in-august\/","title":{"rendered":"Colombo inflation dips further to 4% in August"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy AdaDerana<\/em><\/span><\/h2>\n\n\n<p>Sri Lanka\u2019s Department of Census and Statistics says that headline inflation based on the Colombo Consumer Price Index (CCPI) has further reduced to 4% in August, compared to 6.3% in July 2023.&nbsp;<\/p>\n\n\n\n<p>According to its latest report, Colombo\u2019s food Inflation has decreased to -4.8% in August, from -1.4% in July 2023.<\/p>\n\n\n\n<p>The CCPI for all items for the month of August 2023 was 190.1 and it records a decrease of 0.1 in index points. Meanwhile the overall rate of inflation as measured by CCPI on Y-on-Y basis is 4.0% in August 2023.&nbsp;<\/p>\n\n\n\n<p>The CCPI for all items for the month of August 2023 was 190.1 and it records a decrease of 0.1 index points that is 0.02 percentage change compared to the month of July 2023 on an expenditure value basis for which the index was 190.2. This represents a decrease of expenditure value by Rs 39.08 in the Market Basket\u201d.&nbsp;<\/p>\n\n\n\n<p>The month-on-month change was contributed by decrease in Food items by 0.41% and increase in Non Food items by 0.39%.<\/p>\n\n\n\n<p>The overall rate of inflation as measured by the CCPI on Y-on-Y basis is 4.0% in August 2023 and Y-on-Y inflation calculated for the month of July 2023 was 6.396.&nbsp;<\/p>\n\n\n\n<p>The Y-on-Y inflation of Food Group decreased to 4.8% in August 2023 from -1.4% in July 2023 and the Y-on-Y inflation of Non Food Group decreased to 8.7% in August 2023 from 10.5% in July 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy AdaDerana Sri Lanka\u2019s Department of Census and Statistics says that headline inflation based on the Colombo Consumer Price Index (CCPI) has further reduced to 4% in August, compared to 6.3% in July 2023.&nbsp; According to its latest report, Colombo\u2019s food Inflation has decreased to -4.8% in August, from -1.4% in July 2023. The CCPI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[],"class_list":["post-136742","post","type-post","status-publish","format-standard","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/136742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=136742"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/136742\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=136742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=136742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=136742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}