Inflation hit record high in June

Colombo (News First); For the first time in history, the country’s commodity prices or inflation have risen by more than 50 percent.

Inflation in Sri Lanka in June was recorded at 54.6% this month.

The Bureau of Census and Statistics said food prices rose 80% this month.

Prices for non-food and services rose to 42.4%.

As a result of the current fuel crisis, the sharp rise in vegetable prices has had a major impact on this.

Rising prices for other foods such as rice, spices and grains and rising fuel prices are the main causes of inflation this month.

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