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%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Global oil prices reach pre-pandemic levels

EnergyFeb 9, 2021
Global oil prices reach pre-pandemic levels
Global oil prices reach pre-pandemic levels as Brent push above $60 a barrel and (WTI) crude to $57 for the first time in more than a year. China has been a key driver of the market rebound while declining crude oil inventories in US seen as another factor. Tighter supplies from OPEC+ also have successfully turned the oil price up.

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