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CB expects inflation rebound to 5% target in early 2026
Daily Mirror - Sri Lanka
|August 16, 2025
> Downplays medium-term risks
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Sri Lanka’s current deflationary environment is a temporary phase, with inflation expected to climb back to the Central Bank of Sri Lanka's (CBSL) target of around 5 percent within the next seven to eight months, CBSL Governor Dr. Nandalal Weerasinghe said.
In an interview with CNBC's ‘Inside India’, Dr. Weerasinghe expressed confidence in steering the economy back to its inflation target by the first half of 2026, while downplaying the risk of price pressures accelerating significantly beyond that level in the next 12 to 18 months.
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