Sri Lanka inflation slows for first time in year in October
Posted on November 2nd, 2022

Bloomberg

Nov 1 (Bloomberg) – Sri Lanka’s inflation slowed in October for the first time in a year as shortages of food and fuel eased.

The consumer price index in the capital Colombo cooled to 66% from a year ago, the statistics department said in a statement Monday. That’s down from 69.8% in September and a median of 68.5% in a Bloomberg survey.

Transport costs stood at 150.4% and food prices came in at 94.9%, the data showed

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