Tag: Food Inflation

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Rice prices double in 2 1/2 years under the vision of prosperity!

The Consumer Affairs Authority (CAA) has issued a special gazette notification imposing a control price on local Nadu and Samba rice. Accordingly, the maximum retail...

Sri Lanka inflation increases to 29.8% in April  

Headline inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI, 2013=100)1 increased to 29.8% in April 2022 from...

Food inflation exceeds 30%

Food inflation in the country has risen to 30.2% by the end of March. This figure was 25.7% in February. Accordingly, inflation has risen...

Sri Lankans fall into abyss without light by their own foolhardiness

Crisis ridden government facing repercussions for its policy blunders  began imposing record nationwide 13-hour daily power cuts as it ran out of hydro-electricity on...

People cannot even afford the price of a packet of rice – Asela Sampath

Asela Sampath, President of the All Ceylon Restaurant Owners' Association, says that many people who dine at restaurants are buying cheaper foods such as...

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Exporters Urged to Prepare for New VAT Refund Regime

With Sri Lanka’s long-running Simplified VAT (SVAT) scheme now...

Economic Recovery Stalls as Policy Reversals Undermine Reform

Sri Lanka’s path to recovery remains woefully unfinished. While...

SL Construction Sector Gains Momentum, but Relief Delay Stalls Broad Recovery

Sri Lanka’s construction industry, long battered by economic turbulence,...

Betting and Gambling Levy Amendment Raises Taxes, Casino Entry Fee

The government has published the Gazette on Betting and Gambling...

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