Sri Lanka’s consumer inflation dips to 33.6% in April

Sri Lanka’s National Consumer Price Index (NCPI) inflation eased to 33.6% year-on-year in April, after a 49.2% rise in March, the statistics department said on Monday (May 23).

Sri Lanka’s National Consumer Price Index (NCPI) inflation eased to 33.6% year-on-year in April, after a 49.2% rise in March, the statistics department said on Monday (May 23).

National Consumer Price Index captures broader retail price inflation and is released with a lag of 21 days every month. Food prices eased sharply to 27.1% in April from 42.3% in March, while non-food inflation was at 39%, the Department of Census and Statistics said in a statement.