NCPI

Sep 21, 2023

Reuters Images The National Consumer Price Index (NCPI) captures broader retail price inflation and is released with a lag of 21 days every month Uditha Jayasinghe, Reuters News PHOTO Sri Lanka's consumer price inflation rate eased to 2.1% year-on-year in August from 4.6% in July, helped by falling food prices, the statistics department said on Thursday. The National Consumer Price Index (NCPI) captures broader retail price inflation and is released with a lag of 21 days every month. Food prices fell 5.4% in August after declining 2.5% in July from a year earlier, the Department of Census and Statistics said in a statement. Prices for non-food items, however, climbed 9% in August after rising 10.9% year-on-year in July. (Reporting by Uditha Jayasinghe in Colombo; Editing by Bernadette Baum) Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here . YOU MIGHT ALSO LIKE