Cash-Strapped Sri Lanka Records First Deflation Since 1995
Colombo: Cash-strapped Sri Lanka’s economy recorded falling consumer prices for the first time in 29 years, official data showed Monday, with the September inflation figure dipping to negative 0.5 per cent. Census and Statistics Department data showed price drops in both food and non-food goods contributing to deflation in September, compared to inflation of 0.5…
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