Inflation edges up as vegetable prices soar
Sri Lanka, Oct. 20 -- In accordance with the weekly economic indicators issued by the Central Bank of Sri Lanka, the country's cost of living rose again, with official data showing annual inflation climbing above 8 percent while vegetable prices surged sharply compared with a year ago.Read Economics
The National Consumer Price Index (NCPI), compiled by the Department of Census and Statistics, stood at 223.9 in August, up from 207.2 a year earlier. Year-on-year inflation reached 8.1 percent, compared with 7.2 percent in July. Monthly prices rose 0.2 percent, while core inflation, which strips out volatile items, registered 6.3 percent. The Colombo Consumer Price Index (CCPI) told a similar story. Headline year-on-year inflation held at 8....
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