CCPI-based headline inflation remains negative in Nov.

<!doctype html> <html lang="en"> <head>  <meta charset="utf-8"> <meta name="viewport" content="width=device-width, initial-scale=1, shrink-to-fit=no">  <script async src="https://www.googletagmanager.com/gtag/js?id=UA-30012267-1"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-30012267-1'); </script>  <link rel="stylesheet" href="https://www.ft.lk/assets/2020/css/bootstrap.min.css"> <link rel="stylesheet" href="https://use.fontawesome.com/releases/v5.6.3/css/all.css" integrity="sha384-UHRtZLI+pbxtHCWp1t77Bi1L4ZtiqrqD80Kn4Z8NTSRyMA2Fd33n5dQ8lWUE00s/" crossorigin="anonymous"> <link rel="stylesheet" href="https://www.ft.lk/assets/2020/css/owl.carousel.min.css"> <link rel="stylesheet" href="https://www.ft.lk/assets/2020/css/sinu_v_1.css"> <meta name="keywords" content=" Financial Times, FT, Business News, Daily Business News, Latest Economy News, Financial News, Sri Lanka Business News, Sri Lanka Finance News, economy, business, finance, Lanka Business Online, Opinion and Issues, Columnists, Sports, sri lanka financial news, sri lanka latest business news,latest breaking news, latest political news, covid-19 news, covid-19 news sri lanka, Sri Lanka Coronavirus updates, sl news, sl covid-19 news, SL breaking news, daily SL news, breaking news in sri lanka"> <meta name="description" content="Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..">  <script src="https://www.ft.lk/assets/libs/angular/angular/angular.js"></script> <script src="https://www.ft.lk/assets/libs/angular/app.js"></script>  <title>CCPI-based headline inflation remains negative in Nov. | Daily FT</title> <style> .newsch{font-family: 'Lora', serif; font-size: 20px; line-height: 1.3; font-weight: 600} .newschs{font-family: 'Lora', serif; font-size: 18px; line-height: 1.3; font-weight: 600} .main-hd{font-family: 'Lora', serif; font-size: 22px; line-height: 1.3; font-weight: 600} @media (min-width: 576px) {.lnhe span{font-size: 16px; margin-top: 7px;}} @media (min-width: 768px) {.lnhe span{font-size: 18px; margin-top: 0px;}} @media (min-width: 992px) { .lnhe span{font-size: 18px; margin-top: -2px; }} @media (min-width: 1200px) { .lnhe span{font-size: 20px; margin-top: -2px; } } .innerheader{font-family: 'Lora', serif; font-weight: 600} .games-sec {font-size: 12px;vertical-align: middle;position: relative;padding-right: 15px !important;margin-left: 20px;color: #ccc; padding-left: 20px;} span.new-icon{text-transform: uppercase;background: red;line-height: 13px;padding: 0 5px;display: inline-block;font-size: 8px;border-radius: 10px;font-weight: 700;position: absolute;z-index: 9;top: 2px;left: -3px;color: #FFF;} blockquote {padding-left: 20px !important;padding-right: 8px !important;border-left-width: 5px !important;font-style: italic;padding: 2px 0;border-style: solid;border-color: #ccc;border-width: 0; color: #B22222;font-weight: 700; } </style> <link rel="icon" type="image/ico" href="https://www.ft.lk/assets/images/img/image_8d7ae3167b.jpg"/> <meta http-equiv="Expires" content="0" /> <meta charset="utf-8"> <meta name="robots" content="index, follow"> <meta name="language" content="English"> <meta property="og:type" content="article" /> <meta itemprop="datePublished" content="2024-11-30 04:22:35" data-meta-updatable/> <meta itemprop="dateModified" content="2024-11-30 00:06:00" data-meta-updatable/> <meta property="og:title" content="CCPI-based headline inflation remains negative in Nov. | Daily FT" /> <meta property="og:type" content="video.movie" /> <meta property="og:url" content="https://www.ft.lk/front-page/CCPI-based-headline-inflation-remains-negative-in-Nov/44-769890" /> <meta property="og:image" content="https://www.ft.lk/assets/images/img/ft_logo.png" /> <meta property="og:image" content="https://www.ft.lk/assets/images/img/ft_logo.png" /> <meta property="og:description" content="In line with the Central Bank of Sri Lanka’s (CBSL) near term projections, headline inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), remained in the negative territory for the third consecutive month, recording a deflation of 2.1% in November 2024 compared to the deflation of 0.8% in October 2024. 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googletag.cmd.push(function() { googletag.defineSlot('/6231952/FTMob_Inner_Menu_S3', [300, 100], 'div-gpt-ad-1702367029469-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script> <div id="div-gpt-ad-1702367029469-0" style="min-width: 300px; min-height: 100px;"><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1702367029469-0'); }); </script></div> </div> </center> </div> <div class="row" ng-app="single_module"> <div class="col-xl-9 lcol"> <header class="inner-h"> <h1 class="innerheader">CCPI-based headline inflation remains negative in Nov. </h1> <h3 style="margin-left: 15px;"></h3> </header> <div class="row d-none d-lg-block"> </div> <div class="row d-block d-sm-none "> <center> <div style="margin:10px 0 10px 0;"><script async src="https://securepubads.g.doubleclick.net/tag/js/gpt.js"></script><script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/6231952/DFT_MOB_Inner_Title_Below_S1', [[300, 100], [300, 250], [300, 200]], 'div-gpt-ad-1729732297701-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script> <div id="div-gpt-ad-1729732297701-0" style="min-width: 300px; min-height: 100px;"><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1729732297701-0'); }); </script></div> </div> </center> </div> <div class="col-xl-12 inner-d" style="border-bottom: 2px solid #ccc; padding-bottom: 10px; margin-bottom: 15px"> <div class="row"> <div class="col-xl-6"> <div class="row" ng-controller="HitsController as hitsCtrl"> <p style="margin-bottom:0px"> <span class="gtime" style="margin-right: 20px; font-weight: 400">Saturday, 30 November 2024 00:06</span> <span class="tby float-right" style="padding-top: 0px"> <i class="far fa-comment-alt" style="font-size: 11px;"></i> - <span class="disqus-comment-count" data-disqus-identifier="769890"></span>     <i class="fas fa-signal" style="font-size: 12px;"></i> - {{hitsCtrl.values.hits}} </span> </p> </div> </div> <div class="col-xl-6"> <div class="row"> <div class="col-md-12"><div class="header" style="float: right"> <div class="sharethis-inline-share-buttons"></div> </div> </div>  </div> </div> </div> </div> <header class="inner-content"> <p>In line with the Central Bank of Sri Lanka’s (CBSL) near term projections, headline inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), remained in the negative territory for the third consecutive month, recording a deflation of 2.1% in November 2024 compared to the deflation of 0.8% in October 2024.<br /><br /> The CBSL said this deceleration in headline inflation is broadly in line with projections.<br /><br /> It said non-food inflation (YoY) decelerated further to 3.3% in November 2024 from 1.6% in October 2024. Meanwhile, food inflation (YoY) also decelerated to 0.6% in November 2024 from 1.0% October 2024. On a month-on-month basis, the CCPI recorded a decline of 0.25% in November 2024 due to a 0.02% reduction in the prices of items in the Food category and a 0.23% reduction in the prices of items in the Non-Food category. <br /><br /> Meanwhile, core inflation (YoY), which reflects the underlying inflation trends in the economy, moderated further to 2.7% in November 2024 from 3.0% in October 2024.<br /><br /> “According to the latest projections, it is expected that headline inflation will remain negative in the next few months, deeper than previously projected, mainly due to larger downward adjustments in energy prices and reduction in volatile food prices. However, inflation is expected to turn positive thereafter and gradually align with the targeted level of 5% over the medium term, aided by appropriate policy measures,” the CBSL added.</p> </header> <div class=" d-none d-lg-block" > <center> <div style="margin:10px 0 10px 0;"> <script async src="https://securepubads.g.doubleclick.net/tag/js/gpt.js"></script> <script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/6231952/DFT_SINGLE_COMMENT_TOP_S1', [[728, 90], [600, 90]], 'div-gpt-ad-1638932475084-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script>  <div id='div-gpt-ad-1638932475084-0' style='min-width: 600px; min-height: 90px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1638932475084-0'); }); </script> </div> </div> </center> </div> <div class="d-block d-sm-none" > <center> <div style="margin: 10px 0 10px 0;"><script async src="https://securepubads.g.doubleclick.net/tag/js/gpt.js"></script><script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/6231952/FT_Mobile_Inner_SP1', [300, 250], 'div-gpt-ad-1723713634350-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script> <div id="div-gpt-ad-1723713634350-0" style="min-width: 300px; min-height: 250px;"><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1723713634350-0'); }); </script></div> </div> <div style="margin: 10px 0 10px 0;"><script async src="https://securepubads.g.doubleclick.net/tag/js/gpt.js"></script><script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/6231952/FT_Mobile_Inner_1', [300, 250], 'div-gpt-ad-1627878807926-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script> <div id="div-gpt-ad-1627878807926-0" style="min-width: 300px; min-height: 250px;"><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1627878807926-0'); }); </script></div> </div> <div style="margin: 10px 0 10px 0;"><script async src="https://securepubads.g.doubleclick.net/tag/js/gpt.js"></script><script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/6231952/FT_Mobile_Inner_2', [300, 250], 'div-gpt-ad-1598671081462-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script> <div id="div-gpt-ad-1598671081462-0" style="width: 300px; height: 250px;"><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1598671081462-0'); }); </script></div> </div> </center> <center> <p>Discover Kapruka, the leading <a href="https://www.kapruka.com/" target="_blank">online shopping</a> platform in Sri Lanka, where you can conveniently send <a href="https://www.kapruka.com/online/flowers" target="_blank">Gifts and Flowers</a> to your loved ones for any <a href="https://www.kapruka.com/shops/events_home.jsp" target="_blank">event </a>including <a href="https://www.kapruka.com/online/valentine" target="_blank">Valentine ’s Day</a>. Explore a wide range of popular <a href="https://www.kapruka.com/shops/deliveryCatalogCompact_wide.jsp" target="_blank">Shopping Categories</a> on Kapruka, including <a href="https://www.kapruka.com/online/toys" target="_blank">Toys</a>, <a href="https://www.kapruka.com/online/grocery" target="_blank">Groceries</a>, <a href="https://www.kapruka.com/online/electronics" target="_blank">Electronics</a>, <a href="https://www.kapruka.com/online/cakes/price/kapruka_cakes" target="_blank">Birthday Cakes</a>, <a href="https://www.kapruka.com/online/fruitbaskets" target="_blank">Fruits</a>, <a href="https://www.kapruka.com/online/chocolates" target="_blank">Chocolates</a>, <a href="https://www.kapruka.com/find_online/bouquet" target="_blank">Flower Bouquets</a>, <a href="https://www.kapruka.com/online/clothing" target="_blank">Clothing</a>, <a href="https://www.kapruka.com/find_online/watches" target="_blank">Watches</a>, <a href="https://www.kapruka.com/find_online/lingerie" target="_blank">Lingerie</a>, <a href="https://www.kapruka.com/online/giftset" target="_blank">Gift Sets</a> and <a href="https://www.kapruka.com/online/jewellery" target="_blank">Jewellery</a>. 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Explore a wide range of popular <a href="https://www.kapruka.com/shops/deliveryCatalogCompact_wide.jsp" target="_blank">Shopping Categories</a> on Kapruka, including <a href="https://www.kapruka.com/online/toys" target="_blank">Toys</a>, <a href="https://www.kapruka.com/online/grocery" target="_blank">Groceries</a>, <a href="https://www.kapruka.com/online/electronics" target="_blank">Electronics</a>, <a href="https://www.kapruka.com/online/cakes/price/kapruka_cakes" target="_blank">Birthday Cakes</a>, <a href="https://www.kapruka.com/online/fruitbaskets" target="_blank">Fruits</a>, <a href="https://www.kapruka.com/online/chocolates" target="_blank">Chocolates</a>, <a href="https://www.kapruka.com/find_online/bouquet" target="_blank">Flower Bouquets</a>, <a href="https://www.kapruka.com/online/clothing" target="_blank">Clothing</a>, <a href="https://www.kapruka.com/find_online/watches" target="_blank">Watches</a>, <a href="https://www.kapruka.com/find_online/lingerie" target="_blank">Lingerie</a>, <a href="https://www.kapruka.com/online/giftset" target="_blank">Gift Sets</a> and <a href="https://www.kapruka.com/online/jewellery" target="_blank">Jewellery</a>. Also if you’re interested in selling with Kapruka, <a href="https://partnercentral.kapruka.com/" target="_blank">Partner Central</a> by Kapruka is the best solution to start with. Moreover, through Kapruka <a href="https://www.kapruka.com/globalshop/globalshop_landing.jsp" target="_blank">Global Shop</a>, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to <a href="https://www.javalounge.lk/" target="_blank">Sri Lanka</a>.</p> </center> </div> </header> </div> </div> </div> <div class="col-xl-3 lrthreehun"> <div class="header" style="margin-top:15px"> <div class="row ad"> <div class="col-xl-12"> <div class=" d-none d-lg-block" > <div style="margin:0px 0 10px 0;"><script async src="https://securepubads.g.doubleclick.net/tag/js/gpt.js"></script><script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/6231952/FT_Inner_Right_S1', [300, 400], 'div-gpt-ad-1626953372139-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script> <div id="div-gpt-ad-1626953372139-0" 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