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Inflation
Sri Lanka’s inflation rises to 2.4% in June 2024
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Sheain Fernando
2024-07-22 23:33:56
The National Consumer Price Index (NCPI) indicates that inflation has risen to 2.4% in June 2024, up from 1.6% in May 2024, according to the latest data released by the Department of Census and Statistics.
Food inflation saw a notable increase, reaching 1.9% in June 2024 compared to 0.5% in May 2024. Year-on-year inflation for non-food items also rose, climbing to 2.7% in June 2024 from 2.4% in May 2024.
Food commodities contributed 0.85% to the inflation rate in June 2024, compared to the same month in 2023.
The NCPI for all items in May 2024 was 206.3, reflecting a decrease of 1.9 index points from April 2024.
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