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Inflation in December 2022 eases to 59.2%

Tamara Rebeira by Tamara Rebeira
1 week ago
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The Census and Statistics Department reports that Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 59.2% in December, after a 65% rise in November.

The Department said food prices were up 59.3% in December from a year ago, while non-food inflation was 59% higher.

The NCPI captures broader retail price inflation across the island nation and is released with a lag of 21 days every month.

The data indicated that the Colombo Consumer Price Index (CCPI), released at the end of each month, eased to 57.2% in December.

Click to read full report on NCPI_December_2022

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