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Inflation moved up to 9.8 per cent in April from 8.6 per cent in March, Central Bank of Sri Lanka said on Tuesday.
The Colombo Consumers' Price Index (2002=100), computed by the Department of Census and Statistics, increased marginally by 0.1 per cent, to 233.4 in April from 233.2 in March. The index still remains below its level in February 2011 (233.9), the bank said in a statement.
The contribution to the monthly increase of 0.1 per cent in the index came from price increases in the non-food items, mainly due to the revision in the prices of fuel and gas during the month. Prices of food declined by 1.7 per cent. Prices of almost all major food items — such as rice, vegetables, green chillies, most varieties of fresh fish, big onions, red onions, eggs, coconut and coconut oil — declined due to improvements in supply.
Prices in the subcategory of housing, water, electricity, gas and other fuels increased by 3.1 per cent due to the upward revision in the prices of gas and kerosene oil.
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