Colombo Inflation Rises to 2.3% in January

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Inflation in Colombo increased to 2.3 percent in January, up from 2.1 percent in December, according to data released by the Department of Census and Statistics (DCS).

The rise was recorded on a year-on-year basis, as measured by the Colombo Consumer Price Index (CCPI).

The DCS reported that year-on-year inflation in the food category rose to 3.3 percent in January, compared to 3.0 percent in December, indicating an acceleration in food prices.

Meanwhile, inflation in the non-food category remained unchanged at 1.8 percent, maintaining the same level recorded in the previous month.

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