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Sri Lanka inflation increased to 3.6-pct in April

May 22, 2019 (LBO) – Headline inflation as measured by the year-on-year change in the National Consumer Price Index increased to 3.6 percent in April from 2.9 percent in March due to the monthly price increases of Food and Non-food items, Central Bank data showed.

In April, year on year Food inflation was -1.

2 percent while Non-food inflation continued its increasing trend for the fourth consecutive month recording a 7.

5 percent in the current month.

Within the Food category, prices of vegetables, milk powder, potatoes, fresh fish, limes and big onions recorded notable increases.

Within the Non-Food category, prices of the items in Alcoholic Beverages and Tobacco; Transport; Miscellaneous Goods and Services; Health; and Clothing and Footwear sub-categories increased during the month.

The core inflation, which reflects the underlying inflation in the economy, increased to 6.3 percent in April 2019 compared to 5.
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8 percent in March 2019 on year-on-year basis.

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