Sri Lanka’s inflation hits record high 45.3% in May
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21

Sri Lanka’s inflation hits record high 45.3% in May

Sri Lanka’s inflation hits record high 45.3% in May

The overall rate of inflation as measured by the National Consumer Price Index on Year-on-Year basis is 45.3% in May 2022, according to Sri Lanka’s Department of Census and Statistics.


The Department of Census and Statistics (DCS) on Tuesday released the National Consumer Price Index (NCPI) and the inflation rate for the month of May 2022.


The NCPI for all items for the month of May 2022 is 208.7 and it records an increase of 18.4 in index points compared to the April 2022.


The overall rate of inflation as measured by NCPI on Year-on-Year basis has increased to 45.3% in May 2022 from 33.8% in April 2022.

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