---
title: "CCPI based inflation further drops"
url: https://www.lankaxpress.com/sri-lanka-inflation-further-drops/
type: post
date: 2023-01-31
modified: 2023-01-31
markdown_url: https://www.lankaxpress.com/sri-lanka-inflation-further-drops.md
author: "admin"
---

# CCPI based inflation further drops

The Year-on-Year (Y-o-Y) inflation based on the Colombo Consumer Price Index (CCPI) decreased to 54.2% in January 2023, the Department of Census and Statistics reported. Accordingly, in comparison to the 57.2.% seen in December, the Y-o-Y was down by 3% in January.

Meanwhile, food inflation also decreased to 60.1% in January, from the 64.4% recorded last month.

![](https://www.lankaxpress.com/wp-content/uploads/2023/01/image-86.png)