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SRI LANKA NEWS (FEBRUARUY  202 Compiled by Victor Melder. CCPI Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) increased to It said the Food inflation (Y-o-Y) increased to 3.3% in January 2024 from 0.3% in December 2023, while the Non-Food inflation (Y-o-Y) increased to 7.9% in January 2024 from 5.8% in December 2023. CBSL also said the monthly change of CCPI recorded 2.87% in January 2024 due to the price increases of 1.21% observed in the items of Food category and 1.66% observed in the items of Non-Food category. The core inflation (Y-o-Y), which reflects the underlying inflation in the economy, increased to 2.2% in January 2024 from 0.6% in December 2023. As expected, inflation accelerated in January 2024 mainly due to tax adjustments implemented at the beginning of the month and weather related disruptions to food supply. A temporary uptick ...