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Sri Lanka' May consumer prices soar 45.3% YoY, highest since 2015

A sharp drop in foreign exchange reserves has left the country of 22 million people struggling to pay for essential imports of food, fuel and medicine.

Sri Lankan Rupee, PHOTO: Reuters
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Sri Lankan Rupee, PHOTO: Reuters

Sri Lanka's headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, as the island nation grappled

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jun 21 2022 | 5:19 PM IST

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