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

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
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.


Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.