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Food inflation rises to 93.7% in August

By Sahan Rathanasekara

September 01, 2022

The Central Bank of Sri Lanka says that inflation rose to 64.3% last month. It was 60.8% in July.

Mainly the monthly increase in the prices of food and non-food items led to this rise in annual point inflation.

Accordingly, food price inflation increased from 90.9% in July to 93.7% in August.

Inflation in non-food items rose to 50.2% in August from 46.5% in July.

Accordingly, within the food category, prices of fresh fish, fruits, bread, biscuits, eggs and poultry rose.

However, a decline in rice and dhal prices was reported during the month.

Meanwhile, in the non-food category in August 2022, housing, water, electricity, gas and other fuels (electricity bills and maintenance/repairs), transport (school transport fares and air fares), textiles and footwear and miscellaneous goods and prices of items in the services sub-categories rose.