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CCPI-based inflation soars to 9.9%

02 Dec 2021

The Colombo Consumer Price Index (CCPI) Year-on-Year (YoY) inflation has been increased to 9.9% in the month of November 2021 from 7.6% in October 2021, the Statistics Department of the Central Bank of Sri Lanka (CBSL) announced. At the same time, the CCPI measured on an annual average basis increased to 5.3% in November 2021 from 4.8% in October 2021. The monthly change of the CCPI was recorded at 2.57% in November 2021 due to price increases observed in items of both food and non-food categories, which were 1.76% and 0.81%, respectively. In the food category, prices of vegetables, rice, milk powder, big onion, chicken, and fresh fish increased, while in the non-food category, the prices of housing, water, electricity, gas, and other fuels such as liquified petroleum gas (LPG), maintenance or reconstruction, and miscellaneous goods and services, such as hair cutting and shaving charges, during the month also increased. The core inflation (YoY) increased to 7% in November 2021, while annual average core inflation increased to 4% in November 2021.


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