Inflation ( CCPI)0.9% (May 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.39%
12M T-Bill Rate9.90%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.10% / 11.25%
USD/LKR304/305
Reserves $5.4Bn (May 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

Fuel prices under CPC and IOC up while China’s Sinopec sell at lower

EnergySep 1, 2023
Fuel prices under CPC and IOC up while China’s Sinopec sell at lower

CPC has hiked the Petrol 92 price by LKR 13 to LKR 361 a litre and Auto Diesel by 35 rupees to LKR 341. Kerosene was raised by LKR 5 to LKR 231. Meanwhile, China’s Sinopec started operations by opening its first filling stations by selling petrol and diesel at lower than LKR 3 CPC price.

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