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Sri Lanka inflation hits a record of 39%

Middle East

01-06-2022 | 07:13

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Sri Lanka inflation hits a record of 39%

Sri Lanka's headline inflation hit a new high in May, owing to ongoing food and fuel shortages as the country struggles to recover from its worst economic crisis in decades.

The Department of Census and Statistics said in a statement on Tuesday that consumer prices in the capital Colombo jumped 39.1 percent from a year ago.

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