Flash Report /

Sri Lanka: Fuel price increase positive for reserves; inflation to face increase

  • Lower global prices, demand amidst fixed prices supported CPC in 2020

  • Step up inflationary impact to materialise following fuel price hike

  • Equities: LIOC key beneficiary; higher energy and transportation costs to be borne by corporates

Lakshini Fernando
Asia Securities
21 December 2021
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