Inflation Edges Up to 1.5% in October, Food Inflation Holds at -5.2%

In October 2023, the inflation rate in Sri Lanka increased to 1.5%, up from 1.3% in September of the same year. This data was released by the Department of Census and Statistics along with the Colombo Consumer Price Index report for October 2023. Notably, food inflation remained at -5.2%, indicating stability in food prices during this period.