Overall inflation drops to 4 per cent in Aug, 2023

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By: Isuru Parakrama

Colombo (LNW): The overall inflation rate measured by the Colombo Consumer Price Index (CCPI) has dropped to 04 per cent in August, 2023, revealed the Department of Census and Statistics today (31).

This is reportedly a decline compared to the 6.3 per cent recorded in July this year.

Food inflation dropped to (-4.8) per cent in August, 2023 from the (-1.4) per cent recorded in the month before, and the non-food inflation to 8.7 per cent from the 10.5 per cent reported in the month before, the statistics revealed.

Read the full report: http://www.statistics.gov.lk/qlink/PressRelease/CCPI_20230831E