Sri Lanka's annual average inflation climbs to 6.2 pct in November

Source: Xinhua| 2021-12-22 17:42:50|Editor: huaxia

COLOMBO, Dec. 22 (Xinhua) -- Sri Lanka's annual average headline inflation as measured by the National Consumer Price Index rose to 6.2 percent in November, local media reported Wednesday.

Data from the Central Bank of Sri Lanka (CBSL) showed that year-on-year inflation in November rose to 11.1 percent, compared to 8.3 percent in October.

Food inflation rose to 16.9 percent in November compared to 11.7 percent in October, driven by price hikes in vegetables, rice, poultry and seafood.

Non-food inflation rose to 6.2 percent in November from 5.4 percent in October. The CBSL said that non-food prices have risen due to price increases in restaurants and hotels, alcoholic beverages and tobacco.

The Sri Lankan government on Tuesday increased the price of fuel, after which public transport operators and restaurants also revised prices upwards. Enditem

KEY WORDS: Sri Lanka,Inflation,November