Food prices hit record high in Sri Lanka - South Asia Time

Food prices hit record high in Sri Lanka

 January 3, 2022  

Colombo —  Sri Lanka’s food prices hit record high as inflation went up to 12.1 per cent in December last year, up 2.2 per cent from November in the same year.

The change in the Colombo price index, measured on an annual average basis, increased to 6 percent in December from 5.3 percent in November, reported Sri Lanka News Radio.

Issuing a notice, the Central Bank said, factors in the supply chain were the main contributors to the increase in inflation.

The inflation was driven by monthly increases in prices of items in both food and non-food items, according to the Central Bank.

(With inputs from Agencies)