Sri Lanka’s NCPI-based inflation eases to 59.2% in December

 

Headline inflation based on the National Consumer Price Index (NCPI) has decreased to 59.2% in December 2022, compared to 65.0% in November 2022, according to Sri Lanka’s Census and Statistics Department.

Food inflation has also decreased to 59.3% in December 2022, compared to 69.8% in November 2022.

Issuing the National Consumer Price Index, for the month of December 2022, the Actg.Director General of Census and Statistics said that headline inflation as measured by the Year-on-Year change (The percentage change in the current month NCPI over same month NCPI of last year) based on the NCPI has been compiled as 59.