Sri Lanka's core inflation rises to 29.8% in April 2022

Sri Lanka’s headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index increased to 29.8% in April from 18.7% in March, the Central Bank of Sri Lanka (CBSL) said in a press release issued today.

The monthly change of CCPI was recorded at 9.25% in April due to price increases observed in items of both non-food and food categories which were 4.95% and 4.31%, respectively.

The core inflation (Y-o-Y), which reflects the underlying inflation in the economy soared to 22.0% in April from 13.0% in March, while annual average core inflation increased to 8.1% in April from 6.5% in March.