Sri Lanka’s Colombo Consumer Price Index (CCPI) accelerated to 4.3% year-on-year in March this year from 4% recorded in February, as inflation on non-food items increased, recent statistics outline. Accordingly Department of Census and Statistics latest data noted that the price deflation in food items during March 2019 remained unchanged at 1.4% year-on-year, while the inflation on non-food items accelerated to 6.7% from 6.4% a month ago.

Meanwhile the data also highlighted that the 12-month moving average inflation in March remained unchanged at 4.1% for the third consecutive month, as the moving average inflation on non-food items increased to 5.3% from 5.1% a month earlier, though food inflation decelerated to 1.2% from 1.7%.