The overall rate of inflation as measured by the Colombo Consumer Price Index (CCPI) on a Year-on-Year basis has decreased to 0.9% in May 2024.
According to the Department of Census and Statistics, the overall rate of inflation has decreased compared to the 1.5% recorded in April 2024.
Food inflation has decreased to 0.0% in May from the 2.9% reported in April.
Meanwhile, non-food inflation has increased to 1.3% in May from the 0.9% recorded in April.
Full report : https://shorturl.at/rBHzq (Newswire)