Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

A Jumbo traffic jam on one of the most important highways of global trade

Global IndexesMar 26, 2021
A Jumbo traffic jam on one of the most important highways of global trade
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A massive container ship, the Ever Given, is still blocking the Suez Canal despite efforts to refloat the vessel. The bottleneck has brought traffic to a standstill in one of the world’s busiest waterways. More than 150 ships are waiting to pass through the 120-mile canal. Oil prices jumped about 6% on Wednesday. The canal’s blockage exacerbates supply chains that were already strained amid the disruptions caused by Covid-19. (


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