COLOMBO – Sri Lanka's key inflation rate eased to 35.3 percent in April from 50.3 percent in March, the statistics department said on Friday. The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 30.6 percent in April from 47.6 percent in March, while non-food inflation reached 37.6 percent, 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.

https://business.inquirer.net/398304/sri-lankas-key-inflation-rate-eases-to-35-3-in-april

#inquirer