Sri Lanka’s key inflation rate eases to 35.3% in April

By: 1 year ago

COLOMBO – Sri Lanka’s key inflation rate eased to 35.3 percent in April from 50.3 percent in March, the statistics department said on Friday.

The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 30.6 percent in April from 47.6 percent in March, while non-food inflation reached 37.6 percent, the Census and Statistics Department said in a statement.

The CCPI acts as a lead indicator for broader national prices and shows how inflation is evolving in Colombo, Sri Lanka’s biggest city.

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