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 5.8 percent in March 2019 on year-on-year basis.