Category: Commodity
DCTS to replace UK GSP; SL to benefit from duty-free exports to UK on more than 80-pct of products
Over 99% of goods exported from Sri Lanka eligible for duty-free access to the UK £69m of tariffs saved on exports to the UK under the new Developing Countries Trading Scheme The UK is reshaping trade with 65 developing countries, including Sri Lanka, through a new trading framework: the Developing Countries Trading Scheme (DCTS). The DCTS […]
CCPI-based headline inflation recorded at 55-pct in June; food inflation at 80-pct
Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index increased to 54.6% in June 2022 from 39.1% in May 2022 driven by the monthly increases in both Food and Non-Food categories. Accordingly, Food inflation (Y-o-Y) increased to 80.1% in June 2022 from 57.4% in May 2022, while Non-Food inflation (Y-o-Y) […]
Sri Lanka exports recorded 5-billion-dollar mark in five months
Earnings from the merchandise exports increased by 9.9 % y-o-y to US$ 980.2 Mn in May 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles, Coconut based products and Electrical & Electronic Components. Table 1: Merchandise Export Performance […]
NCPI based headline inflation increased to 45.3-pct in May
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index has increased to 45.3% in May 2022 from 33.8% in April 2022. This increase in Y-o-Y inflation was driven by the monthly increases of both Food and Non-Food categories. Accordingly, Food inflation (Y-o-Y) increased to 58. buy ivermectin online https://www.dentalcosmetix.com/wp-content/uploads/2022/08/png/ivermectin.html […]
CCPI based headline inflation increased to 39-pct in May; food inflation at 57-pct: CBSL
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index increased to 39.1% in May 2022 from 29.8% in April 2022 driven by the monthly increases in both Food and Non-Food categories. buy vilitra online https://curohealthservices.com/wp-content/uploads/2022/08/png/vilitra.html no prescription pharmacy Subsequently, Food inflation (Y-o-Y) increased to 57.4% in May 2022 from […]
NCPI based headline inflation accelerated to 34-pct in April; food inflation increased to 45-pct
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index increased to 33.8% in April 2022 from 21.5% in March 2022. This increase in Y-o-Y inflation was driven by the monthly increases of both Food and Non-Food categories. Subsequently, Food inflation (Y-o-Y) increased to 45. online pharmacy buy albenza with […]
Sri Lankan merchandise exports grew to an all-time record for the month of April
Earnings from the merchandise exports increased by 11.87% y-o-y to US$ 915.3 Mn in April 2022, the highest monthly value recorded for the month of April. This was mainly due to the increase in earnings from the export of Apparel & Textiles, Coconut based products, and Rubber-based products. Further, a sizable increase was recorded in […]
CBSL issues order imposing LC deposit margin requirement for over 700 non-essential items
Sri Lanka’s Central Bank has directed commercial banks with immediate effect that Letters of Credit (LCs) should not be opened for the importation of non-essential goods (see below) unless such LCs are covered by a non-interest-bearing cash margin deposit requirement of 100 percent maintained at the time of opening the LC. Banks have further directed […]
Inflation is expected to peak at 29-pct in July; LKR to further depreciate
Inflation is expected to peak at 29% in July owing to potential price hikes in essential commodities like gas, electricity, and fuel prices, the First Capital Research said. CCPI further increased to 18.7% in March, exceeding the CBSL’s and FC Research’s desired range of 4%-6% and 5%-7% respectively. According to First Capital Research, the exchange […]
‘s exports increased by 9.9-pct in February 2022
Sri Lanka’s merchandise exports increased by 9.91% to US$ 1,046 Million in February 2022 compared to February 2021 as per the data released by the Sri Lanka Customs. Further, it is a 5.8% increase when compared to February 2020. Sri Lanka’s Merchandize Exports has maintained the above $ 1 billion mark continuously since the beginning […]
Sri Lanka’s exports increased by 13-pct in January 2022
Sri Lanka’s merchandise exports increased by 13% to US$ 1,062.63 Million in January 2022 compared to January 2021 as per the data released by the Sri Lanka Customs. Further, it is a 5.7% increase when compared to January 2020. Table 1: Merchandise Export Performance Values in US$ Mns Exports of Goods Jan 2020 […]
CCPI annual average headline inflation rises to 6.9 percent in January
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, has increased to 14.2 percent in January 2022 from 12.1 percent in December 2021. Meanwhile, on an annual average basis, the CCPI increased to 6.9 percent in January 2022 from 6.0 percent in December 2021. Inflation was driven by monthly […]