Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.91%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.65%/ 10.75%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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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