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Sri Lanka’s Inflation Rises to 2.4% in June, Impacting Transport, Alcohol, and Tobacco Costs

Sri Lanka’s inflation increased to 2.4% in June, up from 1.6% in May, according to the national consumer price index. This rise appears to have led to higher spending on transport, alcoholic beverages, and tobacco.

Inflation in the transport category rose from 6.9% to 7.5% during the period. Conversely, inflation in the hotels and restaurants category decreased from 4.9% to 4.3%.

In the category of alcoholic beverages and tobacco, inflation increased from 26.6% to 27.1%.

Food inflation, which was reported at 0.5% in May, rose to 1.9% in June.

For non-food items, inflation increased from 2.4% to 2.7%. However, the cost of water, electricity, and gas decreased during the same period.

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