Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate10.03%
12M T-Bill Rate10.23%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR300/301
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

CPC increases the price of diesel and Kerosene

EnergyNov 12, 2022
CPC increases the price of diesel and Kerosene

The price of a litre of Lanka Auto Diesel has been increased by LKR 15, and the new retail price will be LKR 430. The price of a litre of Lanka Kerosene has been raised by LKR 25, making the new retail price LKR 365.

Oil prices are once again reacting to Covid news out of China, with the government easing some of its Covid restrictions and boosting hopes that China's oil demand could start bouncing back.

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