Inflation jumps to 69.8 %

Sri Lanka’s inflation, as measured by the year-on-year change in the Colombo Consumer Price Index, rose to 69.8 percent in September 2022 from 64.3 percent a month earlier, the Department of Census and Statistics announced yesterday (30.) According to the Department, this increase in inflation was driven by the monthly increases of both food and non-good categories.

The Department also announced that food prices have gone up by 94.9 percent in September, from 93.7% in August Non-Food inflation increased to 57.6% in September compared to 50.2 percent in August.

The Department said that the prices of transport, education, housing, gas, electricity and communication, in the non-food category, have been rising sharply this year.