Written by Staff Writer
01 Jun, 2023 | 8:47 am
COLOMBO, May 31 (Reuters) – Sri Lanka's key inflation rate eased to 25.2% in May from 35.3% in April, the statistics department said on Wednesday, reducing some stress on the crisis-hit economy.
Soaring inflation has battered the economy for more than a year after a severe foreign exchange crisis set off the Indian Ocean island's worst financial crisis in seven decades.
The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 21.5% in May from 30.6% in April, while non-food inflation reached 27%, the Census and Statistics Department said in a statement.
04 Oct, 2023 | 05:16 PM
04 Oct, 2023 | 04:14 PM
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