Inflation Review
Headline inflation accelerated to 4.8% in May from 3.1% YOY growth in the previous month. This is the highest YOY growth seen since April 2014. This was however below Frontier’s estimates which expected a higher growth in the F&B category given the adverse weather patterns. Overall, headline inflation saw a MOM growth of 2.4%, above the 1.3% growth in April.
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
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