We'll miss price target: Sri Lanka's Weerasinghe

The Central Bank of Sri Lanka's chief economist acknowledged on Wednesday that inflation would exceed its target range this year.

Nandalal Weerasinghe, the central bank's chief economist and head of research told Reuters, a news agency, that the inflation would be above the 11% upper limit of the central bank's target range.

"We have been passing through the external shocks [such as rising global oil and food costs] to domestic prices," Weerasinghe said. "In that situation, I am sure we will not

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account