Sri Lanka's economic situation continues to deteriorate, inflatio

Colombo [Sri Lanka], August 30 (ANI): The economic situation has continued to deteriorate in Sri Lanka, with the headline inflation rate spiking to another record high in July, World Food Programme (WFP) said on Tuesday.

This rate of 66.7 per cent marked yet another alarming jump, from 58.9 per cent in June (based on the latest year-on-year National Consumer Price Index [NCPI]), according to WFP.

The impact of rising infl