Sri Lanka's Headline Inflation Drops below 50 Percent in March

Sri Lanka's Department of Census and Statistics, publishing its National Consumer Price Index, said food inflation dropped from 49 percent to 42.3 percent during the period and non-food inflation from 57.4 percent to 54.9 percent.

The department said the prices of food data-x-items such as rice, vegetables, fresh fish, potatoes, dhal, dry fish, chicken and spices decreased in March compared to February.

However, it said the prices of data-x-items such as coconut, eggs, coconut oil, green gram, rice flour and tea increased.

According to the department, in the non-food category, the prices of textiles, footwear and housing increased, with the prices of utilities such as water and electricity also increasing.

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