Inflation ( CCPI)3.4% (Nov 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate14.67%
12M T-Bill Rate12.88%
2Y T-Bond Rate13.95%/ 14.05%
4Y T-Bond Rate14.20% / 14.30%
Reserves $3.58Bn (Nov 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Fuel prices raised for the second time in Feb by LIOC in Sri Lanka

EnergyMar 1, 2022
Fuel prices raised for the second time in Feb by LIOC in Sri Lanka

The Indian oil company (LIOC) raised the Petrol 92-Octane by LKR 20.00 to LKR 204.00 while Desel by LKR 15.00 to LKR LKR 139. State-run CPC, is selling Petrol at LKR 177.00, LKR 31.00 lower than LIOC and Desel at LKR 121.00, LKR 18.00 lower than LIOC.

Global oil prices shot past the LKR 100 a barrel the highest recorded since 2014. This crisis piles even more pressure on the already stressed global supplies and low storage levels around the world


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