Home » Sri Lanka’s CCPI-based headline inflation in negative zone in Feb 2025

Sri Lanka’s CCPI-based headline inflation in negative zone in Feb 2025

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In line with the Central Bank of Sri Lanka’s near-term projections, headline inflation, as measured by the year-on-year (YoY) change in the Colombo consumer price index (CCPI), remained in the negative territory for the sixth consecutive month, recording a deflation of 4.2 per cent in February this year compared to the deflation of 4 per cent in January 2025.

Non-food deflation accelerated to 6.1 per cent YoY in February from 4.7 per cent in January.

On a month-on-month basis, CCPI decreased by 0.21 per cent in February, a release from the Central Bank of Sri Lanka said.

Meanwhile, core inflation, which reflects the underlying inflation trends in the economy, decelerated further to 0.7 per cent YoY in February from 1.2 per cent in January.

The projections indicate that the prevailing deflationary environment is likely to continue in the forthcoming months, the release noted.

However, inflation is expected to turn positive thereafter, and gradually align with the targeted level of 5 per cent over the medium term, aided by appropriate policy measures, it added.

Fibre2Fashion News Desk (DS)
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