Sri Lanka’s inflation rises to 4.7 pct as rupee weakens
▸ Part of: Consumer Goods Prices Rise in Baishakh; Sri Lanka Inflation Increases
Sri Lanka's year-on-year inflation increased to 4.7 percent in April, driven by a rise in non-food prices. This surge coincides with renewed pressure on the Sri Lankan rupee, which reached its weakest level against the U.S. dollar since March 2023. The government is considering further measures to support the rupee.
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