The Colombo Consumer Price Index (CCPI) indicates that Sri Lanka’s overall inflation rate, measured on a year-on-year basis, rose to -1.7% in December 2024, up from -2.1% in November, according to the Department of Census and Statistics.
Key Highlights:
- Food Inflation: Increased slightly to 0.8% in December, compared to 0.6% in November.
- Non-Food Inflation: Rose to -3.0% in December, up from -3.3% in November 2024.
These changes reflect a marginal easing of deflationary pressures, as both food and non-food categories show modest increases.
