Monthly Bulliten

Central Bank of Sri Lanka

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Date Published 2014
Version
Primary Author Central Bank of Sri Lanka
Other Authors
Theme
Country Sri Lanka

Abstract

Monetary aggregates moved towards the projected path. Both current and capital accounts of the Balance of Payments (BOP) improved, resulting in a stronger exchange rate and an international reserve position. Meanwhile, both headline and core inflation moderated further, reaching 4.7 per cent and 2.1 per cent (Y-o-Y), respectively, in December 2013. Average headline and core inflation for 2013 were at 6.9 per cent and 4.4 per cent, respectively, compared to 7.6 per cent and 5.8 per cent, respectively, in 2012.

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