Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100), increased to 6.0 per cent in August 2021 from 5.7% in July 2021.
This was driven by monthly increases of prices of items in both Food and Non-food categories. Subsequently, Food inflation (Y-o-Y) increased to 11.5% in August 2021 from 11.0% in July 2021, while Non-food inflation (Y-o-Y) increased to 3.5% in August 2021 from 3.2% in July 2021.
The CCPI, measured on an annual average basis, increased marginally to 4.3% in August 2021 from 4.2% in July 2021.
Monthly change of CCPI recorded at 0.28 per cent in August 2021 due to price increases observed in items of both Food and Non-food categories. Moreover, monthly changes of Food and Non-food categories recorded at 0.21 per cent and 0.06 per cent, respectively.
Accordingly, within the Food category, prices of fresh fish, fresh fruits, sugar and chicken increased, whereas prices of rice and coconut recorded decreases.
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