Inflation up in April

<p><img src="" alt="Featured Image"></p><p><!-- wp:html --><p>Inflation rate rose to 1.5 percent year on year in April from 0.9 percent in March, accordign to the Statistics Department.</p>
<p>The Colombo Consumer Price Index, a leading indicator for broader national prices, tracks inflation in Colombo, showed that food prices rose 2.9 percent in April from 3.8 percent in March, the Department of Census and Statistics said.</p>
<p>Prices for non-food items rose 0.9 percent in April from 0.5 percent in March, with prices remaining low due to a 22 percent reduction in power tariffs for households implemented in March.</p><!-- /wp:html --></p><p><strong>Categories:</strong> <a href="" rel="category tag">Local</a></p><p><strong>Tags:</strong> </p>

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