Overall inflation drops to 4 per cent in Aug, 2023

Date:

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

Share post:

spot_imgspot_img

Popular

More like this
Related

Fashion Bug Awarded Best Retail Textile Brand of 2025

Rashika Hennayake 16 July Colombo LNW: Fashion Bug has...

Sri Lanka Gears Up to Lead South Asia’s FinTech Future with Landmark 2025 Summit

Sri Lanka is poised to take a bold leap...

Saudi Fund Restructures over SAR 517 Million in Loans to Aid Sri Lanka’s Debt Recovery

In a significant boost to Sri Lanka's ongoing debt...

GovPay Set to Digitally Transform 150 Sri Lanka State Institutions by 2025

Sri Lanka is accelerating its digital transformation agenda, with...