Sri Lanka’s key inflation rate eases to 35.3% in April

COLOMBO: Sri Lanka’s key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said on Friday.

The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 30.6% in April from 47.6% in March, while non-food inflation reached 37.6, the Census and Statistics Department said in a statement.

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The CCPI acts as a lead indicator for broader national prices and shows how inflation is evolving in Colombo, Sri Lanka’s biggest city.