Sri Lanka economy Archives

Petrol and diesel become expensive by Rs 81 in Sri Lanka: Petrol becomes Rs 398 and diesel Rs 382 per liter, effect of America-Israel and Iran war.

Amidst the crude oil supply crisis, the Sri Lankan government has increased the prices of petrol and diesel by up to 25%. After the increase today i.e. on March 22, the price of regular petrol in Sri Lanka has increased by 81 Sri Lankan rupees to 398 rupees per liter. Whereas diesel has become costlier…

Cash-Strapped Sri Lanka Records First Deflation Since 1995

DainikNews Live Admin1 year ago02 mins

Colombo: Cash-strapped Sri Lanka’s economy recorded falling consumer prices for the first time in 29 years, official data showed Monday, with the September inflation figure dipping to negative 0.5 per cent. Census and Statistics Department data showed price drops in both food and non-food goods contributing to deflation in September, compared to inflation of 0.5…