Sri Lanka's inflation drops to 2.5% in March
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A customer receives a bag after purchasing from a vendor of a stall at a main market in Colombo, Sri Lanka November 30, 2016. REUTERS/Dinuka Liyanawatte/ File photo
COLOMBO (Reuters) - Sri Lanka's consumer price inflation rate dropped to 2.5% in March from 5.1% in February, official data showed on Monday, as the impact of a higher sales tax needed to meet targets set under a $2.9 billion IMF programme receded. The National Consumer Price Index (NCPI) captures broad retail price inflation and is released with a lag of 21 days every month.
(Reporting by Uditha Jayasinghe; Editing by Toby Chopra)
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