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SRI LANKA AUGUST INFLATION FALLS TO 24.9-PCT.
COLOMBO, Sept 1 Asia Pulse - Consumer prices increases in the Sri Lankan capital Colombo fell to 24.9 per cent in the 12-months to August from 26.6 per cent in July, government statistics showed.
Sri Lanka's Central Bank has kept monetary policy tight from the beginning of the year under a strict reserve money targeting regime, which was further tightened mid-year.
The statistics office said a revised Colombo Consumer Price Index (CCPI) remained flat in the 30-days to August. In July the index grew by only 0.2 per cent.
Central Bank deputy governor W A Wijewardene told a public ...
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Source: HighBeam Research, SRI LANKA AUGUST INFLATION FALLS TO 24.9-PCT.