Wed, 29 May 2024 Today's Paper

Steve Hanke measures SL’ inflation at 130.14%/year

23 June 2022 03:02 pm - 8     - {{hitsCtrl.values.hits}}


Economist Steve Hanke shared today that according to his accurate measure, Sri Lanka’s inflation stands at 130.14 percent.

According to his update on Twitter today, the measure is over three times the official rate of 39.10 percent.

Prof. Hanke, an economist at John Hopkins, a private research university in Baltimore, Maryland in the United States, measures the inflation in countries with currency troubles.

Prof. Hanke takes into account the true underlying factors such as the opportunity cost and other associated costs one has to undergo when a good or service is purchased.

  Comments - 8

  • Seqi Thursday, 23 June 2022 09:59 PM

    Opportunity cost doesn't exist in Sri Lanka..... the opportunists in Parliament leave no stone unturned. This is all notional..... US is the master chef in cooking books.

    BuffaloaCitizen Friday, 24 June 2022 09:25 AM

    So we did not cook books and that is why we are so successful nation today.

    Vadivelu Yogaratnam Thursday, 23 June 2022 10:49 PM

    It is perfectly true Rajapaksa's family have pushed back the country 100 years behind.

    GHT Thursday, 23 June 2022 11:04 PM

    Prof. Hanke, works for the US government as an AGENT sabotaging Sri Lanka. His data is an utter fake and lie.

    BuffaloaCitizen Friday, 24 June 2022 09:28 AM

    Yes yes... everbody is a fake or liar or threat to sovereignty or not patriotic etc... keep on singing this bullshit even when you know you are the biggest of all this inside the country.

    DW Friday, 24 June 2022 03:50 AM

    If you want the most accurate number, why not ask a true professional - Kaputa.

    Neil Friday, 24 June 2022 05:36 AM

    Sri Lanka is set to make a new world record. Well done Gota.

    P.K.J.Ratnasiri Friday, 24 June 2022 05:38 AM

    Will our politicians and their goons accept this figure or will they continue to hoodwink the public?

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment