Colombo inflation flirts with 70% in Sept. as prices surge

Fathima Lai Saturday, 01 October 2022 02:52 AM

I think the govt should form a committee to investigate why the prices went so high. And, find out what is due to the economic crisis, and what is due to mere greed and take necessary action. Because people on monthly salaries can't survive at this rate. Those doing business, are managing the situation by increasing the prices of their own products and service not the salaries of employees.

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Sinna Saturday, 01 October 2022 03:44 AM

Why civil activists won’t take actions against the people who are responsible for this inflation ,everyone silently suffering, why civil vocals quiet as its fault of people, we need people to make voice against crook politicians, unqualified administrators and officers in responsible positions but not take actions to make stupid politicians aware of results

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Nilmini Welivita Saturday, 01 October 2022 05:54 AM

These are just imaginary numbers dreamt up by the opposition. There is no hyperinflation in Srilanka. We are experiencing hyper prosperity thanks to the long-sighted and prudent investment decisions by the patriotic pohottuwa government.

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Chichi the rocket man Saturday, 01 October 2022 06:14 AM

This is all propaganda by the opposition. The countrymen have never been more prosperous and happy. There is so much surplus in rice and other crops that the farmers are inviting elephants into their fields so that they don't go to waste. Most of the fishermen are holidaying in the Bahamas and other exotic places. Only the poor hard-working pohottuwa politicians are doing it tough.

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Seqi Saturday, 01 October 2022 10:52 AM

Pensions need to be index linked to rate of inflation. Banks are still only giving half rates for deposits whilst central bank skims remittances to produce a short term gain.

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Dharamasri Rama Saturday, 01 October 2022 05:00 PM

When the government paid people come and spend their money created out of nothing the value of money deteriorates. Previously the idiot Central Bank and fools around kept blaming dollar going up. All world currencies but ours have gone down in the past two weeks even, so that's not anymore a cause in the last month. The Central Bank staff themselves getting paid from printed money even adds to the inflation, but they don't want to admit their getting paid is also adding to the inflation problem. Lack of any political parties willing to speak up about continued money printing and payment made with it shows in volumes that are nation has no hope of improving for the foreseeable future.

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