Frontier Research is a provider of economic, industry and company research based in Sri Lanka. Our macro research is used for a variety of purposes, including strategic planning, sales forecasting, risk management, and above all, for investment decision making.
Website- frontiergroup.info
BUSINESS ACCOUNT
Access reports individually or via Subscription
Receive monthly invoices with payment via CSA or hard dollars
Analyst access
Free Trial Subscriptions
Team account with shared subscriptions
Advanced analytics to track research consumption and performance
​Headline inflation reaches an all-time high of 6.8% YOY under the new base YOY inflation climbs to a high of 6.8% from 5.5% growth in the previous month, largely led by base effects, while F&B inflation also added further upward pressure. Core inflation continues to edge up, rising from an all-time high of 7.0% YOY in the previous month to 7.1% in February.
​Inflation to accelerate to 6.5% YOY on base effects YOY inflation to rise to 6.5% from 5.5% in the previous month due to base effects; marginal growth of 0.3% MOM expected. F&B inflation expected to slowdown compared to the rise seen in preceding months; Non-Food not expected to see major movements based on market information available
​Key Takeaways -Foreign investors continue to sell out of government securities. However, a reversal in investor sentiment toward emerging market investments in general and the credit outlook upgrade by Fitch could see a reversal of these outflows. -The planned sovereign bond issue and the syndicated loan could help shore up foreign reserves and improve external finances. -LKR will likely be under pressure until foreign outflows recede and/or foreign funds are raised. However, overall dep...
​Drought conditions and base effects to drive up headline inflation to 5% levels in January Prolonged drought conditions to drive up F&B inflation, similar to previous month; Non Food inflation to see downward pressure from Kerosene price revision Headline inflation expected to rise 0.7% MOM; YOY to rise to 5% from 4.1% in the previous month, driven by both F&B growth and base effects.
​Key Takeaways -CBSL Road Map for 2017 highlights the need for a more flexible LKR which will likely see less intervention in the currency market; expect more volatility in the LKR and a bit more depreciatory pressure during the year as a result of this move -However, pressure on rates and LKR will be less in the near term given the USD 458mn SLDB issue which will likely take pressure off debt repayments in the next few months -CBSL expects to base its monetary policy decisions on achievi...
