Sri Lanka's inflation rate drops to minus 1.7% in November

Quick Summary:

Sri Lanka's consumer price inflation dropped to minus 1.7 per cent year-on-year in November after easing to minus 0.7 per cent in October, official data showed on Monday, as the country posted a strong rebound from its worst financial crisis in decades.

Sri Lanka's inflation rate drops to minus 1.

The National Consumer Price Index captures broad retail price inflation and is released with a lag of 21 days every month.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSri Lanka

Topics: Rate Crisis Prices Month Cent Inflation Lanka Drops Price October

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 18:10:25 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24596554

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