CAL URBAN PRICE INDEX (CAL UPI)

The CAL UPI (+7.1% YoY) vs. CCPI (+6.8% YoY) in June 2013
CAL UPI (2012) vs. CCPI (2006/2007)

130 125 120 115 110 105 100 95

Nov-12 Feb-12 Sep-12 May-12 Feb-13 May-13 Aug-12 Oct-12 Jun-12 Apr-12 Mar-12 Mar-13 Dec-12 Apr-13 Jun-13 Jan-12 Jul-12 Jan-13 123

115

114

107

CAL UPI

CCPI

The CAL UPI rose by c.7.1% YoY, with the index decreasing c.1.3% during the month (vs. a c.1% MoM increase last year). Food and Beverage (F&B) prices decreased marginally by c.2.6% MoM, while transportation, communication and energy remained unchanged. During the last 12-months, F&B rose c.5.3% and transportation, communication and energy rose c.8.9%.

Food and Beverage prices decreased by 2.6% MoM Prices of green beans, carrots and garlic saw a sharper decline than the increase in prices of tomatoes, potatoes and green chilies. However, the YoY increase was c.5.3% driven by a sharp increase in prices of all commodities. Transportation, Communication and Energy increased by 8.9% YoY Expenditure on transportation, communication and energy increased c .8.9%. However, the index remained unchanged compared to last month.
CAL Research
Level 5, Millennium House, No.46/58, Naw am Maw atha, Colombo 2 Tel: +94 11 231 7777 Email:calresearch@capitalalliance.lk

Note: The CCPI measures inflation for all consumers. The CAL UPI measures urban inflation for households earning more than LKR 80k /month

REFER p.2 FOR DISCLAIMER

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Research Team
Tel No: +94 11 231 7777 (General) Email: teamresearch@capitalalliance.lk

Head of Research Purasisi Jinadasa Tel No: +94 11 231 7786 Email: purasisi@capitalalliance.lk Udeeshan Jonas Tel No: +94 11 231 7746 Email: udeeshan@capitalalliance.lk Reshan Wediwardana Email: reshan@capitalalliance.lk Dushan de Silva Email: dushan@capitalalliance.lk Thushani de Silva Email: thushani@capitalalliance.lk