News > Cash-strapped Sri Lanka hit by record inflation for sixth consecutive month

Cash-strapped Sri Lanka hit by record inflation for sixth consecutive month

Crisis hit Sri Lanka's inflation hit a record high for the sixth consecutive month, official data showed on Friday as the government asked the IMF for an urgent bailout.

The broad-based National Consumer Price Index (NCPI) rose 21.5 percent year on year in March, more than four times the 5.1 percent inflation of a year earlier.