Inflation up to 5% in September | Daily News


Inflation up to 5% in September

The Year on Year (YoY) inflation has increase in September in contrast to August according to Department of Census and Statistics.

The Inflation measured by Colombo Consumer Price Index (CCPI) was 5.0% in September 2019 and inflation calculated for August 2019 was 3.4%.

YoY inflation of Food Group has increased from 2.8% in August 2019 to 3.0% in September 2019 while that of Non food Group has decreased from 6.2% in August 2019 to 5.7% in September 2019.

The moving average inflation rate for the month of September 2019 was 3.9%.

The corresponding rate for the month of August 2019 was 3.8%.

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