Sri Lanka’s Inflation Drops To Single-Digit Levels In July
Colombo: Sri Lanka finally witnessed a downfall in the inflation rate as it reached single-digit levels, Daily Mirror reported citing Colombo Consumer Price Index (CCPI) data.Sri Lanka’s inflation rate dropped to single-digit levels, 6.3 per cent in July, easing from 12 per cent in June.The sharp reduction in headline inflation is largely a result of the high statistical base effect stemming from