National Consumer Price Index

Sri Lankan inflation hits record 14% as food crisis worsens

January 22, 2022 by Muhammad Zubair

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

Sri Lankan inflation hits record high as food crisis looms

December 22, 2021 by Muhammad Zubair

COLOMBO: Sri Lanka’s inflation hit a record 11.1 per cent in November, official figures showed on Wednesday, and the authorities warned a worsening economic crisis could prompt further food rationing. The island’s tourism-dependent economy was hammered by the pandemic and the government imposed a broad import ban to shore up foreign exchange reserves, triggering shortages of … Read more

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