Inflation Rising In Sri Lanka – World Bank Report

Central banks need to knock off excess liquidity so it does not cause inflation states the report adding Fiscal authorities need to start correcting fiscal imbalances with sustainable fiscal policies.

World Bank also warned that there were indications inflation was raising its head again. Inflation reached an 11 month peak of 6.9 percent in February 2010 with two-thirds of the increase attributable to food prices.