Sri Lanka: Inflation surges to 21.5 per cent in March 2022
Colombo, Apr 22 (PTI) Debt-ridden Sri Lanka's inflation soared to 21.5 per cent, according to official data released on Friday, even as finance minister Ali Sabry met IMF officials in Washington to negotiate a bailout package for the country.
Sri Lanka's nation-wide inflation for March 2022 under the National Consumer Price Index (NCPI) surged to 21.5 per cent from 17.5 per cent reported in February 2022, the Department of Census and Statistics reported.
Consequently, the food inflation also increased from 24.7 per cent last month to 29.5 per cent for March.