Business & Finance

Sri Lanka’s key inflation rate eases to 1.3% in Sept

Published September 27, 2023 Updated September 27, 2023 04:15pm
By

COLOMBO: Sri Lanka’s key inflation rate eased to 1.3% in September from 4% a month ago, the statistics department said on Wednesday, marking continued stabilization for the crisis-ridden economy.

Sri Lanka fails to seal first review of IMF’s bailout, talks to continue

The Colombo Consumer Price Index, a leading indicator for broader national prices, tracks inflation in Colombo, Sri Lanka’s biggest city.