Sri Lanka’s national consumer price inflation eases to 59.2pc in December

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CNA – Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 59.2 per cent in December, after a 65 per cent rise in November, the statistics department said yesterday.

Food prices were up 59.3 per cent in December from a year ago, while non-food inflation was 59 per cent higher, the Department of Census and Statistics of the island nation said in a statement.

The NCPI captures broader retail price inflation across the island nation and is released with a lag of 21 days every month.

The Colombo Consumer Price Index (CCPI), released at the end of each month, eased to 57.2 per cent in December, data showed.