Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Inflation in the US has jumped to the highest rate since 2008

InternationalJun 11, 2021
Inflation in the US has jumped to the highest rate since 2008
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The world’s largest economy is expected to rebounds strongly from the coronavirus crisis with the picking up of inflation in May. CPI figures are exceeded economists’ forecasts, which has brought up intense debate over the extent to which the American economy is in danger of overheating due to a mix of supply constraints and surging demand. Interestingly, The core CPI ,the underlying measure of inflation that strips out volatile items like food and energy rose 3.8% in May on an annual basis, the most since 1992, after a 3% rise in April.


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