Sri Lanka's inflation rises marginally in June 

Inflation marginally rose last month to 2.5 per cent from 2.1 per cent in May, according to the Department of Census and Statistics (DCS).
In a media release issued via the Central Bank (a normal process every month), the DCS said headline inflation, as measured by the change in the National Consumer Price Index (NCPI) on a year-on-year basis, was mainly driven by monthly increase in the prices of items in the Food category. 
The change in the NCPI measured on an annual average basis however decreased from 5.7 per cent in May to 5.3 per cent in June.
“When the monthly change is considered, the NCPI increased from 124.3 index points in May to 126.5 index points in June largely due to the increase in prices of the items in the Food category, particularly that of vegetables, fresh fish, green chillies, and potatoes. Meanwhile, within the Non-food category, prominent price increase was observed in Transport category mainly due to the upward administered price revisions to petrol, diesel and bus fare,” the release said.
The NCPI Core inflation, which reflects the underlying inflation in the economy, increased marginally to 1.8 per cent in June from 1.7 per cent in May on a year-on-year basis.
Meanwhile, annual average NCPI Core inflation declined to 2.9 per cent in June from 3.1 per cent in May. – ENDS -