Inflation Accelerates to 8.0% in August
Sri Lanka's CCPI inflation accelerated to 8.0% YoY in August from 7.3% in July, driven by a statistical base effect in food prices.
Sri Lanka's CCPI inflation accelerated to 8.0% YoY in August from 7.3% in July, driven by a statistical base effect in food prices.
ASPI and S&P SL20 close lower as foreign investors sell; August inflation rises to 8.0% YoY. Full CSE and rates snapshot.
Sri Lanka's central bank kept its policy rate unchanged at 8.75%, saying May's tightening is still transmitting through the economy.
The ASPI declined 147 points on June 30 as geopolitical uncertainty drove a broad equity selloff, while fresh data showed headline inflation accelerating.