Sri Lanka Inflation and Growth to Both Slow Over Rest of Year

Sri Lanka’s central bank expects inflation to slow back toward its 5% target in the second half of this year and into next year, per Governor Nandalal Weerasinghe. This signals improving disinflation momentum, which could support a more stable rates outlook versus prior inflation pressure.

Analysis

Sri Lanka’s central bank expects inflation to slow back toward its 5% target in the second half of this year and into next year, per Governor Nandalal Weerasinghe. This signals improving disinflation momentum, which could support a more stable rates outlook versus prior inflation pressure.