CCPI-based headline inflation recorded at 55-pct in June; food inflation at 80-pct
Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index increased to 54.6% in June 2022 from 39.1% in May 2022 driven by …
Commodity
Sri Lanka exports recorded 5-billion-dollar mark in five months
Earnings from the merchandise exports increased by 9.9 % y-o-y to US$ 980.2 Mn in May 2022 as per the data released by the Sri Lanka Customs. This was mainly …
NCPI based headline inflation increased to 45.3-pct in May
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index has increased to 45.3% in May 2022 from 33.8% in April …
CCPI based headline inflation increased to 39-pct in May; food inflation at 57-pct: CBSL
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index increased to 39.1% in May 2022 from 29.8% in April 2022 …
NCPI based headline inflation accelerated to 34-pct in April; food inflation increased to 45-pct
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index increased to 33.8% in April 2022 from 21.5% in March …
Sri Lankan merchandise exports grew to an all-time record for the month of April
Earnings from the merchandise exports increased by 11.87% y-o-y to US$ 915.3 Mn in April 2022, the highest monthly value recorded for the month of April. This …
CBSL issues order imposing LC deposit margin requirement for over 700 non-essential items
Sri Lanka's Central Bank has directed commercial banks with immediate effect that Letters of Credit (LCs) should not be opened for the importation of …
Inflation is expected to peak at 29-pct in July; LKR to further depreciate
Inflation is expected to peak at 29% in July owing to potential price hikes in essential commodities like gas, electricity, and fuel prices, the First Capital …
Sri Lanka’s exports increased by 9.9-pct in February 2022
Sri Lanka’s merchandise exports increased by 9.91% to US$ 1,046 Million in February 2022 compared to February 2021 as per the data released by the Sri Lanka …
Sri Lanka’s exports increased by 13-pct in January 2022
Sri Lanka’s merchandise exports increased by 13% to US$ 1,062.63 Million in January 2022 compared to January 2021 as per the data released by the Sri Lanka …
CCPI annual average headline inflation rises to 6.9 percent in January
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, has increased to 14.2 percent in January 2022 from 12.1 …
Sri Lanka headline inflation increased to 11.1-pct in November
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index, increased to 11.1 percent in November 2021 from 8.3 …
CCPI inflation increases to 9.9-pct; annual average rises to 5.3-pct in November
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, increased to 9.9 percent in November 2021 from 7.6 …
Inflation Is a Greater Policy Test for Emerging-Market Sovereigns: Fitch Ratings
Higher inflation is generally credit negative for sovereigns, but presents particular risks for emerging markets (EMs), as they often face higher and more …
CBSL maintains policy rates; further acceleration of headline inflation expected
The Monetary Board of the Central Bank has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the …
Sri Lanka’s headline inflation increased to 8.3-pct in October
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1, increased to 8.3 percent in October …
Wartime organic farming lessons for peacetime
By Jekhan Aruliah There is recent precedent in Sri Lanka for suddenly "going organic”. The Sri Lankan Civil War saw years of economic blockades and embargoes …
Sri Lanka records highest-ever export figure in any October
Sri Lanka’s merchandise exports increased by 35.9% to US$ 1,160.62 Million in October 2021 compared to October 2020 as per the data released by the Sri Lanka …
Central Bank expects inflation to remain high at around 8-9% in next few months
Sri Lanka’s Central Bank expects inflation to remain high at around 8-9% in the next few months, before gradually reverting to the desired 4-6% level …
Sri Lanka’s headline inflation increased to 7.6-pct in October
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, increased to 7.6 percent in October 2021 from 5.7 …