Sri Lanka’s headline inflation has increased to 39.1 percent in May from 29.8 percent in April.
The Central Bank said the increase in year-on-year inflation was driven by the monthly increases of both Food and Non-Food categories.
Subsequently, Food inflation has increased to 57.4 percent in May from 46.6 percent in April, while Non-Food inflation has increased to 30.6 percent in May from 22 percent in April.
The CBSL said the monthly change of the Colombo Consumer Price Index recorded at 8.34 percent in May due to price increases observed in items of both Non-Food and Food categories which were 4.87 percent and 3.47 percent, respectively.
Accordingly, prices of items in the Non-Food category recorded increases mainly due to price increases observed in the Transport, Housing, Water, Electricity, Gas and Other Fuel, Restaurant and Hotels and Miscellaneous Goods and Services sub-categories.
The Central Bank said within the Food category, increases were observed in prices of vegetables, fresh fish, rice, bread, dried fish and dhal during the month.
Meanwhile, annual average inflation rose to 14.2 percent in May from 11.3 percent in April.
