Sri Lanka inflation jumps to a record 60.8% in July

The jump in the Colombo Consumer Price Index was led by a 90.9% climb in food inflation

Reuters
Published : 29 July 2022, 10:35 AM
Updated : 29 July 2022, 10:35 AM

Sri Lanka's inflation surged to a record 60.8% in July, the crisis-struck country's statistics department said on Friday, compared to a 54.6% rise in June.

The jump in the Colombo Consumer Price Index was led by a 90.9% climb in food inflation, the Census and Statistics Department said in a statement.

The island nation has been gripped by a political and economic crisis that has forced a change of leadership, and is now in a state of emergency.

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