Sri Lanka inflation

Sri Lanka’s inflation jumps to 70.2% amidst worst-ever economic crisis

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Sri Lanka’s inflation jumps to 70.2% amidst worst-ever economic crisis

Sri Lanka’s inflation surged to 70.2 per cent in August from 66.7 per cent a month ago as the island nation is grappling with the worst economic crisis, according to official data released on Thursday. The National Consumer Price Index (NCPI) which determines how much people spend on a selected basket of goods and services … Read more

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

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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