CCPI based Inflation decreased in April 2020

Headline inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100)1 declined to 5.2 per cent in April 2020 from 5.4 per cent in March 2020. This was solely driven by the statistical effect of the high base prevailed in April 2019. Meanwhile, Food inflation (Y-o-Y) recorded at 13.2 per cent in April 2020 and Non-food inflation (Y-o-Y) declined to 2.1 per cent in April 2020 from 2.5 per cent in March 2020.

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Published Date: 

Thursday, April 30, 2020