MACRO & POLICY
Colombo CPI Rises 5.5% in May as Sri Lanka's Inflation PersistsA · FULL TRANSLATION
# Sri Lanka# inflation# CPI# South Asia
Key Points
- Colombo consumer prices rose 5.5% year on year in May
- JETRO expects the inflation trend to continue near term
- Post-default Sri Lanka remains in fragile recovery
Analysis
Sri Lanka's Colombo CPI rose 5.5% in May and JETRO sees the trend persisting. After the 2022 default and restructuring, prices remain the key gauge of macro stability - a cost variable for apparel and supply chains in South Asia.