News

Colombo’s inflation drops to -0.5% in Sept. 2024

Published

8 months ago

September 30, 2024

editor

The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has decreased to -0.5% in September 2024, compared to 0.5% in August 2024, according to the latest data released by the Department of Census and Statistics.
Meanwhile, food inflation has decreased to -0.3% in September 2024 compared to 0.8% in August 2024.

Year-on-Year inflation of Non-Food Group decreased to -0.5% in September 2024 from 0.4% in August 2024.

The Colombo Consumer Price Index (CCPI) in September 2024 has decreased to 190.9 from 191.1 in August 2024.

The Month-on-Month change was contributed by -0.17% from food and 0.06% from non-food, the report said.

CCPI Core in September 2024 has increased to 177.6 from 177.3 in August 2024.

The general price level has increased by 90.9% compared to the index reference.

News

2 injured in Kotahena shooting

Published

9 hours ago

May 16, 2025

editor

A man and a woman have been injured in a shooting incident in the Kotahena area this evening (May 16), police said.

Both victims were hospitalised for treatment.

News

Arrest warrant issued against Mahindananda

Published

9 hours ago

May 16, 2025

editor

An arrest warrant has been issued against former Agriculture Minister Mahindananda Aluthgamage over the ongoing investigation into the importation of Chinese fertilizer.

The Colombo Chief Magistrate’s Court issued the warrant on a request by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC), after Aluthgamage failed to appear before the Commission as summoned on May 14.

Earlier, on May 14, a motion seeking anticipatory bail on behalf of his counsel was filed with the Colombo Magistrate’s Court, requesting that the matter be taken up on May 16. The Magistrate ordered that the motion be heard on May 19.