Colombo’s consumer price inflation eases to 1.3% in September
September 27, 2023 06:45 pm
Sri Lanka’s overall rate of inflation, based on the Colombo Consumer Price Index (CCPI) has dropped to 1.3% in the month of September, the Department of Census and Statistics reported.
Accordingly, the country’s overall inflation, on a year-on-year (Y-on-Y) basis, decreased from 4.0% in August 2023 to 1.3% this month, while food inflation decreased to -5.2%, from -4.8% in August.
Meanwhile, the Y-on-Y inflation of non-food groups decreased to 4.7% from 8.7% as recorded in August this year.