Central Bank of Sri Lanka
Date Published | 2014 |
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Primary Author | Central Bank of Sri Lanka |
Other Authors | |
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Country | Sri Lanka |
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.