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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