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Published 2 months ago

Sri Lanka Inflation Expected to Stay on Target; Short-Term Rise Won't Derail Stability

Summary by Ground News
The Central Bank of Sri Lanka's Monetary Policy Report for February 2024 paints a cautiously optimistic picture. It adds that inflation may deviate from the target in the near term, mainly due to the recent tax amendments and supply side disruptions. But such impact is likely to be short-lived, as it is projected to stabilise around the targeted level of 5%.

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