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

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COLOMBO : Sri Lanka's key inflation rate eased to 35.3 per cent in April from 50.3 per cent in March, the statistics department said on Friday.The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 30.6 per cent in April from 47.6 per cent in March, while non-food inflation rea

COLOMBO : Sri Lanka's key inflation rate eased to 35.3 per cent in April from 50.3 per cent in March, the statistics department said on Friday.

The Colombo Consumer Price Index reflected a reduction in food inflation to 30.6 per cent in April from 47.6 per cent in March, while non-food inflation reached 37.6, 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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