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%
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 up by 5.8% to 9.5% after VAT increase, lower than anticipated price increase

EnergyJan 1, 2024
Domestic fuel prices up by 5.8% to 9.5% after VAT increase, lower than anticipated price increase

Domestic fuel prices of Sri Lanka were increased after VAT started to effect. Accordingly, a Petrol 92 Octane (LKR 346) has been increased by LKR 20 to LKR 366. Auto Diesel (LKR 329) has been increased by LKR 29 to LKR 358. Kerosene has been reduced by LKR 11, to LKR 236. - CPC

Further, A litre of Lanka Petrol 95 Octane Euro 4 (LKR 426) has been increased by LKR 38, to LKR 464 and A litre of Lanka Super Diesel 4 Star Euro 4 (LKR 434) has been increased by LKR 41 to LKR 475.

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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.