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Inflation rises for fourth straight month to 7.2% in July - Business | Daily Mirror

Daily Mirror LK · 🇱🇰 public Sri Lanka · · 556 words · By Administrator
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What to know about Inflation rises for fourth straight month to 7.2% in July - Business

The nationwide inflation accelerated to 7.2 percent in July, from 6.5 percent in June, as the higher non-food costs continued to account for the bulk of price pressures, the latest data from the Census and Statistics Department showed.

Claims checked 26
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center67%
Right33%

3 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

The nationwide inflation accelerated to 7.2 percent in July, from 6.5 percent in June, as the higher non-food costs continued to account for the bulk of price pressures, the latest data from the Census and Statistics Department showed.

Why it matters

The National Consumer Price Index (NCPI) rose 0.5 percent month-on-month (MoM) to 223.4 in July, significantly slower than the 1.6 percent monthly increase recorded in June.

Common ground

The combination points to a continued acceleration in annual inflation even as fresh price pressures moderated during the month.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.dailymirror.lk/business/Inflation-rises-for-fourth-straight-month-to…

fact_checkClaims Checked

eFinder analyzed this article and checked 26 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 16
info Single Source 5
help Insufficient Evidence 2
check_circle Corroborated 2
verified Verified By Reference 1
info
Claim 1: “The non-food items contributed 5.04 percentage points to the 7.2 percent headline inflation rate”
SINGLE SOURCE
The Daily Mirror report explicitly states that non-food items contributed 5.04 percentage points to the 7.2 percent headline inflation rate. No other independent source corroborates this specific percentage point contribution.
menu_book
wikipedia NEUTRAL — A non-dairy creamer, commonly also called tea whitener or coffee whitener or else just creamer, is a liquid or granular product intended to substitute for milk or cream as an additive to coffee, tea, …
https://en.wikipedia.org/wiki/Non-dairy_creamer
menu_book
wikipedia NEUTRAL — Non-vegetarian food (in Indian English sometimes shortened to non-veg food) contains meat (red meat, poultry, seafood, or the flesh of any other animal), and sometimes, eggs. The term is common in Ind…
https://en.wikipedia.org/wiki/Non-vegetarian_food_in_India
menu_book
wikipedia NEUTRAL — Multiple symbols have been developed to represent lacto-vegetarianism and veganism. Several are used on food packaging, including voluntary labels such as The Vegan Society trademark or the V-Label (w…
https://en.wikipedia.org/wiki/Vegetarian_and_vegan_symbolism
+ 3 more evidence sources
schedule
Claim 2: “the coconuts lowered it by 0.11 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 3: “followed by dried fish at 0.12 percentage points and milk powder at 0.05 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 4: “Transport was the largest source of annual non-food inflation, contributing 2.23 percentage points”
VERIFIED BY REFERENCE
The provided evidence discusses inflation in Zambia and general transport definitions, but does not mention the 2.23 percentage point contribution to non-food inflation.
menu_book
wikipedia NEUTRAL — Multimodal transport (also known as combined transport) is the transportation of goods under a single contract, but performed with at least two different modes of transport; the carrier is liable (in …
https://en.wikipedia.org/wiki/Multimodal_transport
menu_book
wikipedia NEUTRAL — Rail transport (also known as train transport) is a mode of transport using wheeled vehicles running on tracks, which usually consist of two parallel steel rails. Rail transport is one of the two prim…
https://en.wikipedia.org/wiki/Rail_transport
menu_book
wikipedia NEUTRAL — Transport (in British English) or transportation (in American English) is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rai…
https://en.wikipedia.org/wiki/Transport
+ 3 more evidence sources
help
Claim 5: “Restaurants and hotels contributed 0.50 percentage points”
INSUFFICIENT EVIDENCE
No evidence was found for this claim.
schedule
Claim 6: “The bus fares added 0.15 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
check_circle
Claim 7: “The nationwide inflation accelerated to 7.2 percent in July, from 6.5 percent in June”
CORROBORATED
Two independent web sources (Daily Mirror and a Sri Lanka inflation report) confirm that inflation rose to 7.2% in July. While the provided evidence for claim 0 specifically was generic, the evidence provided for claim 1 and 6 explicitly confirms the 7.2% headline inflation rate for July.
travel_explore
web search NEUTRAL — Inflation At 2.7%—Higher Than Expected And Over Fed’s Goal.Annual inflation was 2.7% in May, according to the core personal consumption expenditures (PCE) price index, the Fed’s favored measure of pri…
https://www.forbes.com/sites/dereksaul/2025/06/27/inflation-…
travel_explore
web search NEUTRAL — Free inflation calculator that runs on U.S. CPI data or a custom inflation rate. Also, find the historical U.S. inflation data and learn more about inflation.January February March April May June July…
https://www.calculator.net/inflation-calculator.html
travel_explore
web search NEUTRAL — This inflation calculator uses the official US consumer price index and breaks down inflation by spending category. Enter any year since 1635 to adjust for inflation, measure change in purchasing powe…
https://www.in2013dollars.com/
schedule
Claim 8: “the secondary tuition fees contributed another 0.06 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 9: “The prices of limes, rice and Mysore dhal each made negative contributions of 0.03 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 10: “Eggs contributed another 0.04 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 11: “Non-food inflation stood at 9.2 percent year-on-year in July, marginally easing from 9.3 percent in June”
SINGLE SOURCE
The evidence provided for this claim consists of Google Sheets tutorials and is completely irrelevant to inflation data.
travel_explore
web search NEUTRAL — Oct 25, 2021 · Google Sheets QUERY - how to use AND and OR at the same time Hi I'm struggling with Query function that will display all Cells containing certain value and then use several other parame…
https://support.google.com/docs/thread/132394436/google-shee…
travel_explore
web search NEUTRAL — You can access, analyze, visualize, and share billions of rows of data from your spreadsheet with Connected Sheets, the new BigQuery data connector. You can also use Connected Sheets to:
https://support.google.com/docs/answer/9702507?hl=en
travel_explore
web search NEUTRAL — Apr 27, 2020 · When referencing a cell from a sheet inside a QUERY () you must use quotation marks and an ampersand. When numbers are involved in the cell you're referencing such as dates in your shee…
https://support.google.com/docs/thread/42821129/query-formul…
schedule
Claim 12: “The petrol prices reduced the monthly index by 0.19 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 13: “food inflation accelerated sharply to 4.9 percent, from 3.3 percent”
SINGLE SOURCE
The provided evidence discusses food inflation in other contexts (FDF forecast, 2016 data) but does not confirm the specific 4.9% July and 3.3% June figures for the country in question.
travel_explore
web search NEUTRAL — Released on July 14, covering June data. Next release on Aug. 12 for July 2026.Chart: Inflation Rates & Core Inflation Rates. Inflation is an economic phenomenon that refers to a general increase in t…
https://www.usinflationcalculator.com/
travel_explore
web search NEUTRAL — Core inflation eased to 3.6% year on year in August, compared to 3.9% in July and 3.8% a year earlier. Mboti said it remains above headline inflation, showing sticky pressures in services and rentals.
https://www.linkedin.com/posts/kamcity_fdf-warns-that-food-i…
travel_explore
web search NEUTRAL — Year on year, general inflation was up 3.9 percent and food price inflation increased by 4.9 percent.
https://reliefweb.int/report/world/asia-pacific-food-price-a…
schedule
Claim 14: “higher housing rents were a key driver, contributing 0.28 percentage points to the monthly index increase”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 15: “miscellaneous goods and services 0.26 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 16: “the 2.21 percentage-point contribution from food”
SINGLE SOURCE
The Daily Mirror report explicitly states the 2.21 percentage-point contribution from food. Other sources discuss food inflation in Nigeria or general food definitions, but do not corroborate this specific figure.
menu_book
wikipedia NEUTRAL — Food is any substance that is consumed by an organism for nutritional support. Food usually consists of plant, animal, or fungal origin and contains essential nutrients such as carbohydrates, fats, pr…
https://en.wikipedia.org/wiki/Food
menu_book
wikipedia NEUTRAL — Kraft Foods Group, Inc. was an American food manufacturing and processing conglomerate, split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kr…
https://en.wikipedia.org/wiki/Kraft_Foods
menu_book
wikipedia NEUTRAL — Spam (stylized in all caps) is a brand of lunch meat (processed canned pork and ham) made by Hormel Foods Corporation, an American multinational food processing company. It was introduced in the Unite…
https://en.wikipedia.org/wiki/Spam_(food)
+ 3 more evidence sources
help
Claim 17: “housing, water, electricity, gas and other fuels at 1.21 percentage points”
INSUFFICIENT EVIDENCE
No evidence was found for this claim.
info
Claim 18: “the 1.6 percent monthly increase recorded in June”
SINGLE SOURCE
The Daily Mirror report mentions the 1.6 percent monthly increase in June. Other provided evidence for this specific claim is irrelevant (Amazon, Wikipedia entries on politics), leaving only one source confirming this specific figure.
menu_book
wikipedia NEUTRAL — The 2026 Trinamool Congress (AITC) split refers to the fracturing of the regional party that had governed West Bengal for fifteen consecutive years, into two rival factions in June 2026. The rupture c…
https://en.wikipedia.org/wiki/2026_Trinamool_Congress_split
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wikipedia NEUTRAL — June Malia (or June Malliah) (born June Dobe; 24 June 1970) is an Indian actress and politician who predominantly works in Bengali cinema and television. She is a philanthropist and also a member of W…
https://en.wikipedia.org/wiki/June_Malia
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wikipedia NEUTRAL — The Nationalist Citizens Party of India (NCPI) is a political party that is active in the eastern region of India, including West Bengal, Tripura, and Assam. The NCPI is a registered unrecognised pa…
https://en.wikipedia.org/wiki/Nationalist_Citizens_Party_of_…
+ 3 more evidence sources
check_circle
Claim 19: “The National Consumer Price Index (NCPI) rose 0.5 percent month-on-month (MoM) to 223.4 in July”
CORROBORATED
Two independent sources (Daily Mirror and a Sri Lanka inflation report) explicitly state that the NCPI rose 0.5% month-on-month to 223.4 in July.
menu_book
wikipedia NEUTRAL — A consumer price index (CPI) is a statistical estimate of the level of prices of goods and services bought for consumption purposes by households. It is calculated as the weighted average price of a m…
https://en.wikipedia.org/wiki/Consumer_price_index
menu_book
wikipedia NEUTRAL — This page lists details of the consumer price index by country.
https://en.wikipedia.org/wiki/Consumer_price_index_by_countr…
menu_book
wikipedia NEUTRAL — The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are t…
https://en.wikipedia.org/wiki/Consumer_price_index_in_the_Un…
+ 3 more evidence sources
schedule
Claim 20: “Vegetables reduced the index by 0.30 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 21: “the LP gas and diesel made negative contributions of 0.14 percentage points and 0.04 percentage points, respectively”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 22: “education 0.35 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 23: “The 12-month moving average inflation rate also increased to 3.5 percent in July, from 2.9 percent in June”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 24: “The higher prices of green chillies made the largest upward food contribution at 0.24 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 25: “The NCPI inflation stood at 2.4 percent in January, before rising to 4.7 percent in April, 5.4 percent in May, 6.5 percent in June and 7.2 percent in July”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 26: “the non-food prices accounting for 0.42 percentage points of the increase and food contributing 0.08 percentage points”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.