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Hotter inflation unlikely to trigger fresh rate hikes: Bloomberg Economics

Sri Lanka’s inflation is set to climb further through the rest of 2026 but the Central Bank is expected to hold the interest rates steady for the remainder of the year, according to a research note by Bloomberg Economics. Headline inflation, as measured by the Colombo Consumer Price Index, rose to 6.8 percent year-on-year in June, up sharply from 5.5 percent in May and marking a three-year high, according to the data from the Census and Statistics Department.  [...]