Srilanka, Nov. 23 -- Consumer prices, measured by the National Consumer Price Index (NCPI), rose to 2.7 percent in the 12 months ending October 2025, accelerating from 2.1 percent in September, driven by increases in both food and non-food categories.
However, measured on a monthly basis, prices remained unchanged in October compared to the previous month, as a decline in food prices offset a moderate rise in non-food prices.
Sri Lanka's price indices turned a corner a few months ago, exiting a nearly year-long stretch of deflation as base effects kicked in. The Central Bank cut rates in May to quicken the pace of inflation toward its medium-term target of 5.0 percent, which is expected to be reached by the middle of next year.
Food pric...