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Sri Lanka's key consumer price index falls 2.1% in November

Times of India LogoTimes of India2h ago

Sri Lanka's key consumer price index falls 2.1% in November - Times of India

Quick Summary:

Sri Lanka's consumer price index fell by 2.1% year-on-year in November, marking the lowest inflation point in nine years.

Declines in power tariffs, fuel prices, and an appreciating rupee reduced inflation.

Analysts predict deflation until February and a rise to 5% inflation by August-September 2025.


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Article Details

Author / Journalist: Reuters

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 17:50:40 (2 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 731 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23968245

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 9 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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