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Sri Lanka’s inflation rate was 45.3 percent, In May.

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The Department of Census and Statistics announced that year-on-year (Y-o-Y) inflation in Sri Lanka surged to 45.3 percent in May 2022.

In May, Y-o-Y food inflation jumped to 58 percent, while Y-o-Y non-food inflation increased to 34.2 percent, according to the department.

According to the Department of Census and Statistics, the following are the top five news stories of the month:

  • NCPI in May 2022 increased to 208.7 from 190.3 in April 2022.
  • Year on Year inflation increased to 45.3% In May 2022 from 33.8% in April 2022.
  • Month on Month change contributed by 5.4% from food and 4.3% from non-food.
  • Core Inflation increased to 37.7% in May 2022 from 27.9% in April 2022.
  • The general price level has increased by 108.7% compared to the base year (2013).

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