Nov 22, Colombo: Sri Lanka’s nationwide inflation in October 2021 determined under the National Consumer Price Index (NCPI) rose to 8.3 percent from 6.2 percent recorded in September 2021 on a year-on-year basis, the Department of Census and Statistics reported Monday.
The NCPI for all items for the month of October 2021 increased to 150.6 from 147.5 in the previous month.
With respect to October 2020, the reported inflation for the month of October 2021 was mainly due to the higher price levels prevailed in both food and non-food groups in the month of October 2021.
Accordingly, the Year-on-Year inflation of the food group increased to 11.7 percent in October 2021 from 10.0 percent in September 2021 and the Year-on-Year inflation of the non-food group increased to 5.4 percent in October 2021 from 3.0 percent in September 2021.
Contributions to the inflation rate of October 2021 from food group and non-food group are 5.38 percent and 2.89 percent respectively.
The moving average inflation for the month of October 2021 is 5.7 percent. The corresponding rate for the month of September 2021 is 5.5 percent.