Warning Sri Lanka’s inflation could surge to 70% as it battles soaring costs

Warning Sri Lanka’s inflation could surge to 70% as it battles soaring costs

Inflation rose to almost 55% last month – with warnings it could surge to 70% (Picture: Getty)
Sri Lanka’s central bank has raised interest rates to their highest levels in more than 20 years as it battles to put a lid on spiralling prices.
Inflation rose to almost 55% last month – with warnings it could surge to 70%.
The price hikes have made life incredibly difficult for the South Asian…

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