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Wholesale Price Index (WPI) WPI first published in 1902, and was one of the more economic indicators available to policy makers until it was replaced by most developed countries by the Consumer Price Index in the 1970s. WPI is the index that is used to measure the change in the average price level of goods traded in wholesale market.
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
As of February 2022, the foreign reserves of Sri Lanka fell to US$2.36 billion. Sri Lanka has foreign debt obligations of $7 billion, including $1 billion worth sovereign bonds which is to be repaid by July 2022. [169] The government is planning to hire a global law firm to provide technical support and assistance on debt restructuring. [170]
Consumer Price Index for Americans 62 years of age and older (R-CPI-E): This index re-weights prices from the CPI-U data to track spending for households with at least one consumer age 62 or older.
Colombo Consumer price inflation 2020 : 4.2% April 2021 : 3.9%. Inflation in Sri Lanka measured by the Colombo Consumer Price Index grew 6.0% in the 12-months to August 2021 picking up from 5.7 percent in July. [135] Inflation was 4.2% in the year to December 2020. In 2019 inflation was 4.8 percent. [136]
2022 Sri Lankan protests: Another curfew is imposed at 7.00 p.m. until 7.00 a.m next morning, but would later be extended by three days. [90] [91] 10 May 2022 Sri Lankan protests: Amidst the violent clashes, the vehicle in which MP Kumara Welgama was travelling in is attacked by a group of individuals in the area of Makumbura. Welgama was given ...
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
Annual inflation increased to 8.3% in August 2022, in part due to rising grocery prices. [154] In September, the Fed increased the interest for a fifth time in the year reaching a 14-year high. [155] In November 2022, the year-over-year inflation rate was 7.1%, the lowest it has been since December 2021 but still much higher than average. [156]