Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Domestic Fuel prices slashed by Rs. 20 as global crude oil prices decline

EnergyJul 17, 2022
Domestic Fuel prices slashed by Rs. 20 as global crude oil prices decline

Sri Lanka reduced the domestic fuel prices by Rs. 20.00 each for petrol 92 and diesel as the global crude oil prices continue to slide below USD 100 per barrel. Global fuel prices have fallen by 20% after it hit USD 120 per barrel last month.

The domestic fuel price increase has been one of the key factors for inflation to hit over 50%.

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