Sri Lanka's public expansion hits record 73.7% in September

Title expansion, as estimated constantly on-year (Y-o-Y) change in the Public Customer Cost List (NCPI, 2013=100) expanded to 73.7% in September 2022 from 70.2% in August 2022. This expansion in Y-o-Y expansion was driven by the month-to-month increments of both Food and Non-Food classifications. As needs are, Food expansion (Y-o-Y) expanded to 85.8% in September 2022 from 84.6% in August 2022, while Non-Food expansion (Y-o-Y) expanded to 62.8% in September 2022 from 57.1% in August 2022.

It is vital that the control saw a month-on-month expansion as of late gone on in September 2022. In like manner, month to month change of NCPI was recorded at 2.34% in September 2022 because of cost increments seen in things of both Non-Food and Food classifications, which were 1.96% and 0.38%, separately. Inside the Non-Food classification, increments were seen in costs of Lodging, Water, Power, Gas and, and Different Fills (Power charge, Lamp oil, and Water bill) and Various Labor and products sub-classes during the month. Further, inside the Food class, increments were seen in the costs of Organic products, Wheat Flour and Chicken. Nonetheless, the costs of Rice, Sugar, and Dhal diminished during the month.

The center expansion (Y-o-Y), which mirrors the hidden expansion in the economy expanded to 64.1% in September 2022 from 60.5% in August 2022, while yearly normal center expansion expanded to 31.0% in September 2022 from 26.0% in August 2022.