Inflation in Sri Lanka drops to single-digit levels in July
Posted by Editor on July 31, 2023 - 7:07 pm
Sri Lanka’s inflation dropped to 6.3% in July 2023, reported the Department of Census and Statistics today (July 31).
It added that the overall rate of inflation measured by the Colombo Consumer Price Index (CCPI) dropped from 12% in June 2023.
The Department of Census and Statistics noted that food inflation decreased to -1.4% in July 2023 from 4.1% in June 2023.
Latest Headlines in Sri Lanka
- CID arrests three in train ticket resale racket January 23, 2025
- Sri Lankan Government prioritizes accurate data systems to ensure food security January 23, 2025
- World Bank pledges $200 Million to support Sri Lanka’s economic recovery January 23, 2025
- Fitch upgrades 10 Sri Lankan banks’ ratings after sovereign upgrade January 23, 2025
- Anura Priyadarshana Yapa arrested January 22, 2025