Headline inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) increased to 4.2% in July 2020 from 3.9% in June 2020.
This was mainly driven by monthly increase of prices of items in the Non-food category along with the statistical effect of the low base prevailed in July 2019. Food inflation (Y-o-Y) increased to 10.9% in July 2020 from 10.0% in June 2020. Further, Non-food inflation (Y-o-Y) also increased marginally to 1.5% in July 2020 from 1.4% in June 2020.
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