Sri Lanka’s Colombo consumer price index rose 1.2% year-on-year in August, after falling 0.3% in July, the statistics department said on Friday.
On a year-on-year basis, the index turned positive in August after falling for 11 straight months, the data showed.
The Colombo Consumer Price Index (LKCCPI=ECI), a leading indicator for broader national prices, tracks inflation in Colombo, Sri Lanka’s biggest city.
Inflation in the food category accelerated to 2% year-on-year in August from 1.5% in July. In the non-food category, consumer prices increased 0.8% this month compared with a drop of 1.2% year-on-year in July.