COLOMBO (Reuters) – Sri Lanka’s key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said on Friday.
The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 30.6% in April from 47.6% in March, while non-food inflation reached 37.6, the Census and Statistics Department said in a statement.
The CCPI acts as a lead indicator for broader national prices and shows how inflation is evolving in Colombo, Sri Lanka’s biggest city.
(Reporting by Uditha Jayasinghe in Colombo and Rama Venkat in Bengaluru)
