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Why should you refer to our reports?

Silk Road Research provides relevant and current information to our clients. Every month we publish the Financial and Economic Analysis of the Sri Lankan Economy. If you want to know about key events and trends in Sri Lanka, our dedicated team provides the answers. Further, Silk Road Research publishes a series of authoritative Sector Reports on the key areas of the local economy. These reports provide an in-depth resource for any potential investor.

Financial & Economic Analysis Reports

May 2022

INFLATION: The CCPI based headline inflation rate showed a Year-on-Year (YoY) increase to 39.1% in the month of May, up from the 29.8% increase recorded the previous month. Price increases were broad-based, impacting all sectors of the economy. The YoY food inflation for May 2022 was recorded at 57.4% while YoY non-food inflation was recorded at 30.6%. Silk Road Research forecasts an acute increase in inflation for the rest of the year due to a limited supply of imports, currency depreciation, and expected electricity price increases. Click the button below to read more!

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April 2022

EXCHANGE RATE: The rupee has recorded a depreciation of 19% against the US dollar during the month of April. The gross official reserves as of end-March 2022 were provisionally estimated at US dollars 1.9 billion, but the Finance Minister has acknowledged much of this is not usable. News reports abound that SL has literally run out of foreign currency and is seeking bridging and donor financing to cover imports of food and fuel. Click the button below to read more!

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March 2022

Although the data in the analysis is factually accurate, it’s essentially already been surpassed by events. As Sri Lanka faces an acute financial and economic crisis, the variations in the month-to-month statistics mean rather little in the short term. Without straying into hyperbole, the situation is extremely challenging. Click the button below to read more!

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