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Sri Lanka’s inflation rate drops to minus 0.7% in October

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November 21, 2024
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Sri Lanka’s inflation rate drops to minus 0.7% in October

(Reuters) – Sri Lanka’s consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on Thursday, as the island nation continued its economic rebound. The National Consumer Price Index captures broad retail price inflation and is released with a lag of 21 days every month.

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