Sri Lanka inflation accelerates 4.3-pct in April 2016

Inflation

May 23, 2016 (LBO) – Sri Lanka’s consumer prices as measured by National Consumer Price Index rose 4.3 percent in April from the 2.2 percent inflation reported a month earlier on year-on-year basis, data from the state statistics office showed.

Year-on-year inflation of Food Group reported for the month of April 2016 was 4.9 percent while that for non food group was 3.8 percent.

An increase of 1.6 index points or a percentage of 1.5 has been noted in April 2016 compared to March 2016 for which the index was 110.0.

The index for all items for the month of April 2016 was 111.6.

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