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Inflation remains unchanged in June

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Meanwhile, Food inflation (Y-o-Y) decreased to 9.8% in June 2021 from 10.3 per cent in May 2021 and Non-Food inflation (Y-o-Y) increased to 2.9% in June 2021 from 2.5% in May 2021.

The NCPI, measured on an annual average basis, also remained unchanged at 5.4% in June 2021.

Monthly change of NCPI recorded at 1.45% in June 2021 due to increases observed in prices of items in both Food and Non-food categories. Moreover, monthly changes of Food and Non-food categories recorded at 1.23% and 0.22%, respectively. Accordingly, within the Food category, increases were observed mainly in the prices of rice, vegetables, coconut oil and fresh fish.

Moreover, prices of items in the Non-Food category recorded an increase during the month mainly due to price increases observed in the Transport (Petrol and Diesel) sub-category.

Further, year-on-year core inflation decreased marginally to 4.1% in June 2021 from 4.2% in May 2021, while annual average core inflation remained unchanged at 4.4% in June 2021.

Source DailyNews
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