Quick View: Inflation In Sri Lanka To Rise But Stay Within Target Range
Country Risk / Sri Lanka / Wed 08 May, 2024
Latest Development: Headline inflation rose in the capital Colombo to 1.5% y-o-y in April from 0.9% in March. One reason was that transport prices flipped back into inflation at 5.0% y-o-y, from 2.0% deflation. The Colombo data suggest that national headline inflation rose in April, but remained within the Central Bank of Sri Lanka’s (CBSL) 3-7%