Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Gasoline prices have jumped across all the countries during the last four months

InternationalApr 18, 2022
Gasoline prices have jumped across all the countries during the last four months
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Emerging market economies are grappling with high spot LNG prices as well as domestic gasoline prices, which are staying above the USD 100/b mark, which means that even term imports are the most expensive they have been in years. Meanwhile, a dramatic changes in LNG flows were observed in recent months as gas shipments to China, Japan and Korea were down 11%, 14 % and 7 %, respectively, in the first quarter compared with the same time last year, said Valery Chow, an analyst who tracks the industry at Wood Mackenzie.

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