SRI LANKA NEWS (OCTOBER 2022) Compiled by Victor Melder Inflation in capital Colombo, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), rose to 69.8 percent in September, from 64.3 percent in August, as the crisis-struck nation continues to battle with exorbitant prices. According to the government’s statistics office, both food and non-food categories drive September’s inflation. Food inflation increased to 94.9 percent in September, from 93.7 percent in August while non-food inflation surged to 57.6 percent, from 50.2 percent. Within the food category, increases were observed in the prices of fruits, chicken and wheat flour. However, the prices of rice, dhal and sugar decreased during the month. Within the non-food category, increases were observed in the prices of housing, water, electricity, gas and other fuels (electricity bill, water bill and kerosene oil), restaurant and hotels, health, education (international school fees), communication (telephone charges) and ...

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