#SriLanka's Inflation falls

Sri Lanka's inflation rate, measured by the Colombo Consumer Price Index (CCPI), has dropped significantly to 0.5% year-on-year in August 2024, down from 2.4% in July 2024.

Food inflation has settled at 0.8%, while non-food inflation stands at 0.4%.

This sharp decrease highlights the ongoing efforts to stabilise prices and could signal a positive trend for the economy.