According to the report, the annual consumer inflation rate for the Colombo Urban Area declined to 1.6% in February 2026, down from 2.3% recorded in January 2026.
The year-on-year inflation rate for the Food category dropped sharply to 0.2% in February, compared to 3.3% reported in January 2026.
Meanwhile, the annual inflation rate for the Non-Food category increased to 2.3% in February 2026, up from 1.8% recorded in the previous month.
The latest data indicates a continued easing of overall inflationary pressures in the Colombo Urban Area, mainly driven by a significant slowdown in food price increases, despite a moderate rise in non-food inflation.
