National inflation hits fresh high in December amid soaring food prices

Sri Lanka’s headline inflation measured by the National Consumer Price Index (NCPI) hit 14 percent in the twelve months to December 2021— touching a fresh high from November’s 11.1 percent—the highest since the officials started compiling the broader index in 2015.

Daily mirror

2022-01-24

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Third review approved by IMF, SL to get next US$ 3...

IMF and Sri Lanka agreed on the third review of the Extended Fund Facility (EFF), unlocking US$333 million, subject to conditions.

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CEB reports turnaround performance in 3Q despite t...

The Ceylon Electricity Board achieved a significant turnaround in Q3 2024, driven by prior steep tariff hikes, with revenue rising 19.8% year-on-year to Rs.126.80 billion and operating profits surging by 169.8% to Rs.35...

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ADB US$200 million loan to strengthen Sri Lanka’s...

The ADB approved a $200 million loan to strengthen Sri Lanka's financial sector by enhancing banking sector governance, improving asset quality, supporting MSMEs with incentives, promoting financial inclusion for women through...

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