Sri Lanka to Continue Special Commodity Food Taxes to Protect Farmers
Sri Lanka’s cabinet has decided to retain the Special Commodity Levy (SCL) Act, reversing an earlier decision to abolish it, in order to.
Economics
Economics
Sri Lanka Sees 0.8% Deflation in October 2024 Amid Central Bank Policies
Sri Lanka’s consumer price inflation recorded a deflation of 0.8% in the 12 months ending October 2024, with only a 0.3% increase over.
- November 1, 2024
Economics
CBSL Forecasts Ongoing Deflation Amid Price Cuts and Improved Supply
The Central Bank of Sri Lanka (CBSL) anticipates that deflationary trends will continue in the coming months before inflation gradually aligns with the.
- October 3, 2024
Economics
Colombo Inflation Drops 0.5% in September Amid Lower Food and Fuel Prices
Inflation in the Colombo district decreased in September, following a significant slowdown in August, as both food and non-food prices declined due to.
- October 1, 2024
Economics
National Consumer Prices Drop to 1.1% in August Amid Lower Food and Electricity Costs
In August 2024, Sri Lanka’s national consumer prices eased to 1.1% year-on-year, down from 2.5% in July. This significant deceleration was driven primarily.
- September 26, 2024
Markets
Animal Production Association Urges Government to Reconsider Egg Tax
Sri Lanka Animal Production Association President Ajith Gunasekara has called on the Government to reconsider the 20.5% tax on eggs, a perishable item,.
- July 2, 2024