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Sri Lanka’s essential rising cost of living price alleviates to 35.3% in April By Reuters

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© Reuters. SUBMIT PICTURE: A supplier offers modification to a consumer after offering eggs in the middle of the widespread food rising cost of living, in the middle of Sri Lanka’s recession, in Colombo, Sri Lanka, July 29, 2022. REUTERS/Kim Kyung-Hoon

COLOMBO (Reuters) – Sri Lanka’s essential rising cost of living price reduced to 35.3% in April from 50.3% in March, the data division claimed on Friday.

The Colombo Customer Rate Index (CCPI) showed a decrease in food rising cost of living to 30.6% in April from 47.6% in March, while non-food rising cost of living got to 37.6, the Demographics and also Data Division claimed in a declaration.

The CCPI serves as a lead indication for wider nationwide costs and also demonstrates how rising cost of living is progressing in Colombo, Sri Lanka’s largest city.

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