Sri Lanka's inflation climbed further above the Central Bank's 5 percent target in June, deepening concerns over the cost of living and raising fresh questions over whether borrowing costs will remain elevated for longer. Consumer prices rose 6.8 percent in June, marking the third straight month above the Central Bank's target after readings of 5.4 percent in April and 5.5 percent in May, and a sharp turnaround from the low inflation environment that had prevailed earlier in the year. [...]