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According to the latest data from the Department of Census and Statistics, the National Consumer Price Index (NCPI) indicates a decrease in the overall rate of inflation to 2.4% in January 2026, down from 2.9% in December 2025.
In the same period, food inflation saw a decline, dropping to 3.4% in January 2026 from 4.4% in December 2025. Meanwhile, the Year-on-Year inflation rate for the non-food group held steady at 1.6% in January 2026.
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A Sri Lankan Commission has announced an extension of the deadline for public submissions regarding allegations of corruption and fraud within the Colombo Municipal Council (CMC) from 2010 to 2025. This announcement comes amidst ongoing efforts by the ruling party to solidify its authority, according to the President’s Media Division (PMD). Although the CMC is
FINANCIAL CHRONICLE – On Monday, Sri Lanka’s rupee closed at 309.36/38 per US dollar in the spot market, slightly adjusting from Friday’s close of 309.35/45, according to market dealers. Concurrently, bond yields experienced an uptick. The yield on a bond maturing on December 15, 2026, remained steady at 8.15/25 percent. Similarly, the bond maturing on
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