Categories: HeadlinesBusiness

LNP – Sri Lanka’s inflation drops to -0.7% in October

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has decreased to -0.7% in October 2024 from -0.2% in September 2024, according to the latest data released by  the Department of Census and Statistics.Â

Meanwhile, food inflation also decreased to -0.16% in October, down from 0.5% in September 2024.

The NCPI for all items for the month of September 2024 is 203.6 and it records a decrease of -0.5 in index points compared to September 2024.

The month-on-month change was contributed by a decrease in food items of 0.16% and in non-food items of 0.35%, respectively.Â

Tyronne Jayamanne

Recent Posts

LNP – Sri Lanka: One of the best ethical and sustainable sourcing destinations

Sri Lanka Embassy in Brussels participated at the European Parliament “Fair Trade Breakfast-2024”, on 13…

1 hour ago

LNP – Jetstar Asia eyes Colombo as key market for regional growth and tourism

etstar Asia yesterday launched its Colombo-Singapore direct route positioning itself as the only low-cost carrier…

3 hours ago

LNP – Sri Lanka revealed as most popular solo travel destination for 2025

Solo travellers are getting older and are increasingly drawn to Asian destinations – with Sri…

3 hours ago

LNP – 29 Deputy Ministers sworn in

The Deputy Ministers of the new National People’s Power (NPP) government have been sworn in…

18 hours ago

LNP – SriLankan Airlines wins best entertainment award in Central/Southern Asia

SriLankan Airlines has won the prestigious 2025 APEX Best Entertainment Award in Central/Southern Asia at…

23 hours ago

LNP – No room for racial politics and religious extremism hereafter – President

President Anura Kumara Dissanayake declared that will be no room for racial politics of religious…

24 hours ago