CCPI based Inflation increased to 7.6 per cent in October 2021

Headline inflation, as measured by the year-onyear (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100), increased to 7.6per cent in October 2021 from 5.7 per cent in September 2021. This was driven by monthly increases of prices of items in both Food and Nonfood categories. Subsequently, Food inflation (Yo-Y) increased to 12.8 per cent in October 2021 from 10.0 per cent in September 2021, while Nonfood inflation (Y-o-Y) increased to 5.4 per cent in October 2021 from 3.8 per cent in September 2021.

The CCPI, measured on an annual average basis, increased to 4.8 per cent in October 2021 from 4.5 per cent in September 2021.

FULL TEXT

Published Date: 

Friday, October 29, 2021