Sri Lanka’s inflation rises to 2.4% in June 2024
July 22, 2024 04:14 pm
The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has increased to 2.4% in June 2024, compared to 1.6% in May 2024, according to the latest data released by the Department of Census and Statistics.
Meanwhile, food inflation has increased to 1.9% in June 2024 compared to 0.5% in May 2024 and the Year-on-Year inflation of the non-food group increased to 2.7% in June 2024 from 2.4% in May 2024.
The contribution of food commodities to inflation was 0.85% in June 2024 compared to the month of June in 2023.
The NCPI for all items for the month of May 2024 is 206.3 and it records a decrease of 1.9 in index points compared to April 2024.
