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)

Sri Lanka hikes the fuel price to 17 month high, Kerosene up by LKR 26 to LKR 262

EnergyJan 31, 2024
Sri Lanka hikes the fuel price to 17 month high, Kerosene up by LKR 26 to LKR 262

Global fuel prices have slightly elevated after further escalation of the political unrest at the Red Sea. Despite domestic currency (LKR) strengthening in the recent past, domestic fuel prices have increased today.

Petrol 92 increased by LKR 5 per litre to LKR 371, Auto Diesel increased by LKR 5 to LKR 363 and Kerosene increased by LKR 26 LKR 262.

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