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Inflation is coming down. What does this mean for capital markets?
February 19, 2024
Inflation is coming down. What does this mean for capital markets?
Colombo Consumer Price Index (CCPI) inflation was reported at 35.3% in April 2023, down from dizzy heights of 69.8% recorded in September 2022. This is in line with our expectations, and we expect headline inflation to come down to low single digits by the end of the year, A question we often get asked is “How is that even possible?”
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