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Sri Lanka inflation hits record 14 percent as food crisis worsens - Vimarsana News

Sri Lanka inflation hits record 14 percent as food crisis worsens

Sri Lanka consumer prices shot up a record 14 percent in December, surpassing a previous high of 11.1 from a month earlier.

Source: enca.com
Sri Lanka inflation hits record 14% as food crisis worsens - Vimarsana News

Sri Lanka inflation hits record 14% as food crisis worsens

The island's tourism-dependent economy has been hammered by the pandemic

Sri Lanka inflation hits record 14% - Vimarsana News

Sri Lanka inflation hits record 14%

COLOMBO — Sri Lanka consumer prices shot up a record 14 per cent in December, surpassing a previous high of 11.1 from a month earlier, official figures showed on Saturday as food and fuel shortages worsen.Senior ministers warned parliament last week of a growing food crisis with rice harvests due in March expected to be drastically lower after an agrochemical import ban last

Sri Lanka inflation hits record 14% - Vimarsana News

Sri Lanka inflation hits record 14%

COLOMBO — Sri Lanka consumer prices shot up a record 14 per cent in December, surpassing a previous high of 11.1 from a month earlier, official figures showed on Saturday as food and fuel shortages worsen.Senior ministers warned parliament last week of a growing food crisis with rice harvests due in March expected to be drastically lower after an agrochemical import ban last

Sri Lankan president blames COVID-19 for economic crisis - Vimarsana News

Sri Lankan president blames COVID-19 for economic crisis

Rajapakse was seeking to enlist the media in deflecting surging anger among workers and the poor over rising prices and shortages of essentials, and preparing the ground for more austerity measures.

Source: wsws.org