Headline inflation drops to 54.2% in January 2023

January 31, 2023 at 4:26 PM

The overall rate of inflation as measured by the Colombo Consumer Price Index (CCPI) dropped to 54.2% in January 2023, the Department of Census and Statistics reported.

According to the department, the CCPI has dropped in comparison to the 57.2% reported in December 2022.

Food inflation has also decreased to 60.1% in January 2023 from the 64.4% reported in December 2022. 

Full report:

http://www.statistics.gov.lk/WebReleases/CCPI_20230131E (NewsWire)