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Sri Lanka's key inflation index up 8.3% year-on-year in October
Sri Lanka’s Colombo Consumer Price Index rose 8.3% year-on-year in October, after an 8% rise last month, the Statistics Department said on Friday. The index, a leading indicator for broader national prices, tracks inflation in Sri Lanka’s capital. Food inflation rose to 8.8% in October, from 8.7% year-on-year last month The non-food category was 8%, compared with 7.7% last month, the latest data showed. Sri Lankan CG advocates for a proactive approach to trade Sri Lanka’s inflation has been growing at a three-year high since July, largely due to increasing energy costs from the Iran war. The C...
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