Sri Lanka, Oct. 15 -- Sri Lanka's inflation is projected to run at nearly twice the average for emerging Asia this year and continue rising into 2027, according to the International Monetary Fund (IMF), which has placed the country among economies facing particular challenges from higher energy costs and limited exposure to the technology investment boom driving growth across parts of Asia.

In its October 2026 World Economic Outlook (WEO), released at the IMF-World Bank Group Annual Meetings in Bangkok on Tuesday (13), the IMF projected Sri Lanka's consumer prices to rise by 5.3% in 2026 and 5.4% in 2027. This marks a reversal from 2025, when prices declined by 0.5%, and would leave inflation marginally above the Central Bank of Sri Lank...