Rate of Inflation increases : December figures released

January 22, 2024 at 3:37 PM

The Overall Rate of Inflation, as measured by the National Consumer Price Index (NCPI), has increased to 4.2% in December 2023.

According to the Department of Census and Statistics, it is an increase from the 2.8% recorded in November 2023. 

Food inflation has also increased to 1.6% in December 2023, compared to the -2.2% reported in November.

However, non-food inflation has dropped to 6.3% in December 2023, compared to the 7.1% recorded in November.

The full report: 

http://www.statistics.gov.lk/WebReleases/NCPI_December_2023 (NewsWire)