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Inflation increases to 2.7%

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Sri Lanka’s monthly inflation as measured by the National Consumer Price Index (NCPI) has increased to 2.7% in April 2024.

Food inflation decreased to 3.3% in April 2024 compared to 5.0% in March 2024 said Dept of Census and Statistics.

The Inflation was 2.5% in March 2024. One year ago Sri Lanka’s inflation was at around 70% and it has now gradually come down.

The Central Bank says that the inflation would be maintained below 5% if there are no major global shocks that affect the Sri Lankan economy.

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