Daily Mirror (Sri Lanka)

National inflation hits 3.6% in April

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Prices countrywid­e measured by National Consumer Price Index (NCPI) rose 3.6 percent in the 12 months to April, accelerati­ng from 2.9 percent in March, due to price increases of both food and non-food categories, the Central Bank said.

The April food inflation from 12 months ago was negative 1.2 percent while non-food inflation rose for the fourth consecutiv­e month to 7.5 percent.the change in the NCPI measured on an annual average basis increased to 1.9 percent in April 2019 from 1.7 percent in March 2019.

When the monthly change is considered, the NCPI increased by 0.7 percent in April 2019 with increases observed in the prices of the items in both food and non-food categories.

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