BB says the banks will find out the people involved in making excess profits
Sri Lanka inflation jumps to a record 60.8% in July
The jump in the Colombo Consumer Price Index was led by a 90.9% climb in food inflation
Published : 29 July 2022, 10:35 AM
Updated : 29 July 2022, 10:35 AM
Sri Lanka's inflation surged to a record 60.8% in July, the crisis-struck country's statistics department said on Friday, compared to a 54.6% rise in June.
The jump in the Colombo Consumer Price Index was led by a 90.9% climb in food inflation, the Census and Statistics Department said in a statement.
The island nation has been gripped by a political and economic crisis that has forced a change of leadership, and is now in a state of emergency.
RELATED STORIES
European nations are seeking to diversify energy supplies following Russia's invasion of Ukraine and a sharp drop in Russian gas flows to the continent
Higher derivatives volumes for equities, currencies and commodities helped offset a weaker showing from cash equities and treasuries
Bangladesh Petroleum Corporation has been tasked with working on Russia’s offer to sell refined fuel oil to Bangladesh
