Overall inflation Y-O-Y drops to 6.3% in July 2023

July 31, 2023 at 4:29 PM

The overall rate of inflation as measured by the Colombo Consumer Price Index (CCPI) on a year-on-year basis decreased to 6.3% in July 2023.

According to the Department of Census and Statistics, it is a drop from the 12% reported in June 2023. 

Food inflation stands at -1.4%, while non-food inflation has reduced to 10.5% in comparison to June. 

Full report: http://www.statistics.gov.lk/WebReleases/CCPI_20230731E (NewsWire)