Sri Lanka’s Central Bank Warns of Elevated Near-Term Inflation

Sri Lanka’s central bank warns of elevated near-term inflation

ECONOMYNEXT – Sri Lanka’s headline inflation has accelerated sharply, the central bank said, and is projected to remain elevated and above the target of 5 percent in the near term before moderating. Core inflation is also anticipated to increase and reach levels around the headline inflation target, according to CBSL’s Monetary Policy Report for August 2026. A challenging and volatile external environment amid heightened geopolitical tensions in…

Sri Lanka President calls for stronger price regulation mechanism

President Anura Kumara Dissanayake has called for a stronger price regulation mechanism in Sri Lanka, saying market competition alone cannot be expected to control the prices of goods and services in a small market. The President said Lanka Sathosa and the co-operative movement should be further strengthened and used as key players in the market to support price regulation and protect consumers. He made these remarks today (August 14) during a m…

The Central Bank of Sri Lanka releases the Monetary Policy Report – August 2026 | Central Bank of Sri Lanka

The Central Bank released its second Monetary Policy Report for 2026 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The biannual Monetary Policy Report provides forward-looking insights about the economy, particularly inflation and economic growth outlook, and risks to projections. Through this Report, the Central Bank strives to improve its transparency and accountability by communicating the rationale be…

Sri Lanka–Japan Friendship Association meets Secretary to the President

A delegation led by Inoue Naoki, President of the Sri Lanka–Japan Friendship Association, met with Secretary to the President Dr Nandika Sanath Kumanayake at the Presidential Secretariat on Wednesday  (12). The meeting focused extensively on further strengthening the longstanding friendship and cooperation between Japan and Sri Lanka. Recalling that the Association had recently facilitated the provision of three ambulances to the North Western P…