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In January 2025, the overall year-on-year inflation rate, as measured by the CCPI, stood at 2.3%. By December 2025, this rate slightly decreased to 2.1%.
The year-on-year inflation for the Food Group rose to 3.3% in January 2026, up from 3.0% in December 2025. Meanwhile, the year-on-year inflation for the Non-Food Group remained stable at 1.8% in both January 2026 and December 2025.
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Oil producers in the Arab Gulf have already lost at least $15.1 billion in oil and gas revenues since the start of the Middle East war, per estimates by commodities analytics firm Kpler cited by the Financial Times. The de facto closure of the Strait of Hormuz has choked off since March 1, millions of
FINANCIAL CHRONICLE – Sri Lanka has started talks on possibilities of buying Russian oil after the United States eased the sanctions on fuel purchase from Moscow, the island nation’s Foreign Minister’s office said. The U.S. issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products stranded at sea, in a bid
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