Highlights

• In November, General inflation, based on the Consumer Price Index (CPI), increased by 6.9% year-on-year basis compared to 7.7% in the previous month.

• The price of main staple cereals reached an all-time high in November.

• The Government increased the wheat support price from Rs.1,050 per 40 kg to Rs.1,200 per 40 kg.

• Prices of poultry products increased significantly, whereas marginal fluctuations were observed in prices of other major food commodities.

• Global wheat production as well as supply increased while price continued to rise.

• Prices of petroleum products experienced marginal decrease.

• Purchasing power of the low income earners went slightly down in November.