Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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
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.


Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.