Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.90%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

CPC and LIOC raise the price of a liter of Octane 92 petrol by LKR 30

EnergyFeb 1, 2023
CPC and LIOC raise the price of a liter of Octane 92 petrol by LKR 30

The new retail price of a liter of octane 92 Petrol will be LKR 400. The price of the remaining fuel varieties will remain unchanged. But globally, the Oil prices settled lower last Friday, as indications of strong Russian oil supply offset better-than-expected U.S. economic growth data.

Meanwhile, OPEC+ delegates meet this week to review crude production levels, with sources from the oil producer group expecting no change to the current output policy.


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