Sri Lanka hikes fuel prices as inflation spikes

Pmnewsnigeria | 03-05-2026 09:36pm |

Sri Lanka has implemented a significant increase in fuel prices, raising them by over 35 percent since March. This adjustment is part of a broader trend, as the country has also seen similar hikes in gas and electricity rates. The rising costs are attributed to ongoing inflationary pressures affecting the economy, impacting the cost of living for residents across the nation.

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