Inflation drops to 4% in August

The Department of Census and Statistics reported that Sri Lanka's overall inflation rate, measured by the Colombo Consumer Price Index (CCPI), was 4.0% in August, a decrease from 6.3% in July 2023. 

 

 

Food inflation also decreased to -4.8% in August, down from -1.4% in July, while the non-food group inflation decreased to 8.7% in August from 10.5% in July 2023.