Food Inflation hits 11% in July

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According to Central Bank of Sri Lanka Inflation has increased to 6.8 percent in July 2021 from 6.1 per cent in June 2021. This was driven by the monthly increases of prices of items in both Food and Non-food categories.

Food inflation jumped to 11% in July from 9.8% in June 2021 while non- food inflation also witnessed an increase to 3.2% in July from 2.9% in June.

Accordingly, within the Food category, prices of sugar, vegetables, dried fish and fresh fish increased whereas, prices of coconut and coconut oil recorded decreases. Moreover, prices of items in the Non-Food category recorded an increase mainly due to price increases observed in the Transport (Petrol and Diesel) and Restaurant and Hotels sub-categories during the month.

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