Overall inflation Y-O-Y drops to 12% in June 2023

June 30, 2023 at 4:39 PM

The overall rate of inflation year-on-year based on the Colombo Consumer Price Index (CCPI) decreased to 12.0% in June 2023, the Department of Census and Statistics reported.

According to the Department, it is a drop in comparison to the 25.2% that was reported in May 2023.

Food inflation decreased to 4.1% in June in comparison to the 21.5% reported in May.

Non- Food inflation decreased to 16.2% in June in comparison to the 27.0% reported in May. 

Full report: http://www.statistics.gov.lk/WebReleases/CCPI_20230630E (NewsWire)