Sri Lanka inflation likely below 4%-5% next year if policies maintained – central bank

COLOMBO (Reuters) – Sri Lanka’s inflation would likely be below 4%-5% by the end of next year if the current fiscal policies are maintained, central bank governor Nandalal Weerasinghe said in a statement to the parliament on Thursday.

Sri Lanka’s inflation has trended downwards from the end of October, easing to 66% after hitting 69.8% in September.

(Reporting by Uditha Jayasinghe, writing by Shivam Patel in New Delhi; Editing by Tomasz Janowski)