Inflation in Sri Lanka drops to below 10% in July

COLOMBO (News 1st); Sri Lanka's inflation dropped to 6.3% in July 2023, reported the Department of Census and Statistics on Monday (31).

It added that the overall rate of inflation measured by the Colombo Consumer Price Index (CCPI) dropped from 12% in June 2023.

The Department of Census and Statistics noted that food inflation decreased to -1.4% in July 2023 from 4.1% in June 2023.