Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) increased to 4.1 per cent in March 2021 from 3.3 per cent in February 2021. This was due to the statistical effect of the low base prevailed in March 2020. Meanwhile, Food inflation (Y-o-Y) increased to 9.6 per cent in March 2021 from 7.9 per cent in February 2021. Further, Non-food inflation (Y-o-Y) increased to 1.8 per cent in March 2021 from 1.3 per cent in February 2021.

Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) increased to 4.2 per cent in February 2021 from 3.7 per cent in January 2021. This was mainly driven by the monthly increase in prices of items in the Food category. Accordingly, Food inflation (Y-o-Y) increased to 6.9 per cent in February 2021 from 5.9 per cent in January 2021. Further, Non-Food inflation (Y-o-Y) increased marginally to 1.9 per cent in February 2021 from 1.8 per cent in January 2021.