Sri Lanka inflation hits record 14 per cent as food crisis worsens

Sri Lanka inflation hits record 14 per cent as food crisis worsens

Sri Lanka consumer prices shot up a record 14 percent in December, surpassing a previous high of 11.1 from a month earlier, official figures showed on Saturday as food and fuel shortages worsen. Senior ministers warned parliament earlier in the week of a growing food crisis with rice harvests due in March expected to be … Read more