CCPI-based headline inflation rises to 14.2% in January 2022

The headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100), increased to 14.2 per cent in January 2022 from 12.1 per cent in December 2021, according to the Statistics Department of the Central Bank of Sri Lanka.

 

Meanwhile, on an annual average basis, the CCPI increased to 6.9 per cent in January 2022 from 6.0 per cent in December 2021, the Central Bank said in a statement.

 

The monthly change of CCPI was recorded at 2.43 per cent in January 2022 due to price increases observed in items of both Food and Non-food categories which were 1.15 per cent and 1.28 per cent, respectively.

 

Moreover, annual average core inflation increased to 5.0 per cent in January 2022 from 4.4 per cent in December 2021.