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Food inflation hits 57.4% in May

BusinessTags: Print EditionHeadline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) increased to 39.1% in May 2022 from 29.8% in April 2022. This increase in Y-o-Y…

Bourse continues declining trend

BusinessTags: Print EditionColombo bourse continued the declining trend yesterday due to the negative sentiments surrounding. Thus, The All-Share Price Index decreased by 123.2 points (-1.5%) to close at 8,108.1 whilst S&P SL20…