Sri Lanka Inflation Jumps Close to 40% as Shortages Persist

by Boo_Randy

Thanks to our corrupt elites & criminal central bankers, soon we will all be Sri Lanka.

www.bloomberg.com/news/articles/2022-05-31/sri-lanka-s-inflation-surges-to-record-39-1-in-may?srnd=premium-asia&sref=ibr3A0ff

We are primarily funded by readers. Please subscribe and donate to support us!

Sri Lanka’s headline inflation quickened more than expected in May amid continuing food and fuel shortages, even as the country struggles to lift itself out of its worst economic crisis.

Consumer prices in the capital Colombo rose 39.1% from a year ago, the Department of Census and Statistics said in a statementTuesday. That’s faster than the median 35% climb forecast by economists in a Bloomberg survey and is the highest level on record.

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.