CBSL Keeps Policy Rate Unchanged

In a statement issued today, the CBSL said the decision was made after evaluating both local and global economic trends. The current policy stance is expected to guide inflation toward the 5% target while supporting economic growth.

The Bank noted that inflation, as indicated by the Colombo Consumer Price Index (CCPI), is easing as anticipated, with projections showing a return to positive inflation this quarter. Core inflation is also expected to rise gradually, reflecting a recovery in domestic demand.