Sri Lanka inflation in Colombo 5.5-pct in July 2016

ECONOMYNEXT – Consumer prices in the Sri Lankan capital Colombo rose by 5.5 percent in July from a year ago, decelerating from the previous month’s 32-month high of 6.0 percent, the Census and Statistics Department said.

Year-on-year inflation of Food Group decreased from 8.2% in June 2016 to 8.1% in July 2016 while Nonfood Group decreased by 4.0% to 3.0% during this period, a statement said.

The contribution to inflation by food commodities was 3.89% for the month of July 2016, on year to year basis.
(COLOMBO, July 29, 2016)

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