https://www.facebook.com/441529339052112/

Pragnaa by JB, 150, Street Josephs Streets, Colombo (2026)

24/09/2026

Cumulative Performance
🔹 Revenue increased by 25.2% YoY, supported by continued growth in tax collections.

🔹 The overall fiscal balance recorded a deficit of LKR 109.7 billion, reflecting the deficits recorded in both June and July.

🔹 The cumulative primary surplus strengthened further to LKR 1,348.5 billion, reflecting continued progress in fiscal consolidation.

Monthly Performance
🔹 Revenue expanded by 13.7% YoY, driven by increases in both tax and non-tax revenue, following the improvement recorded in the previous month.

🔹 Expenditure growth continued to accelerate marginally on a YoY basis, reflecting a notable increase in capital expenditure, partly offset by a decline in recurrent expenditure.

🔹 The month recorded a fiscal deficit of LKR 119.2 billion, narrowing from the deficit recorded in June and contributing to the overall cumulative fiscal position.

17/09/2026

Sri Lanka’s current account moved into a USD 142.0 Mn deficit in July 2026, reversing the USD 226.7 Mn surplus recorded in July 2025, as the widening merchandise trade deficit outweighed the support from primary and secondary income.

The merchandise trade deficit widened by 75.4% YoY, with imports rising 19.6% YoY while exports declined 5.3% YoY. Fuel remained the largest contributor to import growth, although the fuel import bill eased in July, providing some relief to external pressures. Meanwhile, vehicle imports accounted for 8.5% of total current account outflows, indicating that the recovery in import demand particularly for vehicles is becoming increasingly relevant to the external balance.

Importantly, the deterioration in the current account reflects growing pressure from the merchandise trade balance, alongside a weaker net contribution from services. While the primary income deficit narrowed and secondary income continued to provide a strong surplus, these improvements were not sufficient to offset the widening trade deficit. This highlights the increasing importance of how quickly import demand expands relative to export earnings in determining the near-term external position.

14/09/2026

Sri Lanka Inflation | August 2026

Sri Lanka’s headline inflation accelerated to 8.0% YoY in August 2026, driven primarily by stronger food price pressures, while non-food inflation moderated.

Key Inflation Indicators
🔹 Food Inflation: 8.5% YoY
🔹 Non-Food Inflation: 7.7% YoY
🔹 Core Inflation: 5.1% YoY

The accompanying heatmaps provide a detailed view of YoY and MoM price movements, along with category-level contributions to headline inflation.

11/09/2026

Sri Lanka External Report - July 2026

https://www.linkedin.com/posts/pragnaa-by-jb_external-report-july-2026-activity-7504019946872700928-FXSF?utm_source=share&utm_medium=member_android&rcm=ACoAABMYENEBIDllkh0jPveNRqiN1AvRFaK9Jt8

Key Takeaways -
⚪ In July 2026, the current account recorded a deficit of USD 142.0 million, compared with a surplus of USD 226.7 million in the corresponding month of 2025, bringing the cumulative current account balance to a deficit of USD 387.4 million during January–July 2026.

⚪ The merchandise trade deficit widened by 75.4% YoY in July, as imports increased by 19.6%, while exports declined by 5.3% YoY. Over January–July, merchandise imports increased by 25.8% YoY, compared with a more modest 4.4% increase in exports.

⚪ The net services surplus declined by 23.9% YoY in July, mainly reflecting weaker receipts from manufacturing and construction-related services.

⚪ The terms of trade deteriorated by 2.4% YoY in July 2026, as import volumes and prices increased at a faster pace than export volumes and prices.

⚪ Gross official reserves increased to USD 6.6 billion by end-July, supported by CBSL net foreign exchange purchases of USD 348.6 million during the month.

⚪ Despite the continued YTD depreciation, the LKR appreciated during August, with the YTD depreciation against the USD narrowing to 5.5% by end-August.

⚪ The financial account recorded net lending of USD 573.1 million in Q1 2026, with net acquisition of financial assets amounting to USD 604.3 million against net incurrence of liabilities of USD 31.2 million, compared with net borrowing of USD 349.1 million in Q4 2025.

08/09/2026

Sri Lanka CCPI Inflation Update – August 2026

https://www.linkedin.com/posts/pragnaa-by-jb_inflation-monitor-august-2026-activity-7502934459080663040-hCq3?utm_source=share&utm_medium=member_android&rcm=ACoAABMYENEBIDllkh0jPveNRqiN1AvRFaK9Jt8

Key Takeaways -
⚪ Headline CCPI inflation accelerated to 8.0% YoY in August from 7.3% in July, driven by a sharp increase in food inflation to 8.5% YoY, while non-food inflation moderated marginally to 7.7% YoY.

⚪ Within the non-food basket, Transport remained the largest source of inflationary pressure at 16.7% YoY, despite moderating from the previous month, followed by Restaurants & Hotels at 11.1% YoY.

⚪ Housing & Utilities inflation moderated marginally to 5.1% YoY but continued to contribute materially to overall inflation.
Monthly, headline inflation accelerated to 0.3% MoM in August from 0.2% in July, reflecting a stronger increase in food prices to 0.6% MoM, while non-food price momentum moderated to 0.1% MoM.

21/08/2026

The fiscal balance shifted to a deficit position in June 2026

https://www.linkedin.com/feed/update/urn:li:activity:7496273636719497216

Key Takeaways -
⚪ In June, the fiscal position recorded a deficit of LKR 187.8 billion, representing a significant reversal from the surplus of LKR 92.3 billion observed in May.

⚪ Government revenue expanded by 9.6% YoY to LKR 418.6 billion, underpinned predominantly by tax inflows amounting to LKR 386.8 billion.

⚪ Total expenditure increased by 10.0% YoY to LKR 606.9 billion, with interest payments of LKR 300.8 billion, recording increases on both MoM and YoY basis.

⚪ The primary balance remained in surplus of LKR 112.9 billion, although the surplus declined by 2.7% YoY in June.

20/08/2026

Monthly Primary Surplus – June 2026

Cumulative Performance -
* Revenue increased by 27.2% YoY, supported by continued growth in tax and non-tax collections.

* The overall fiscal balance recorded a surplus of LKR 9.5 Bn, although the surplus moderated amid the weaker fiscal performance recorded in June.

* The primary surplus strengthened to LKR 1,244.1 Bn, reflecting continued fiscal consolidation.

Monthly Performance -
* Revenue increased by 9.6% YoY, supported by higher tax collections despite a marginal decline in non-tax revenue.

* Expenditure increased by 10.0% YoY, reflecting higher capital spending alongside elevated recurrent expenditure.

* The fiscal balance recorded a deficit of LKR 187.8 Bn in June, reversing the surplus recorded in May and weighing on the cumulative fiscal position.

19/08/2026

Sri Lanka External Sector: Are Pressures Mounting

https://www.linkedin.com/posts/pragnaa-by-jb_external-report-june-2026-activity-7495683129517641728-kctP?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAABMYENEBIDllkh0jPveNRqiN1AvRFaK9Jt8&utm_campaign=copy_link

Key Takeaways:

⚪ In June 2026, the current account reversed to a deficit of USD 148.7 million, from an equivalent 148.7 Mn surplus last year.

⚪ The merchandise trade deficit increased 53.3% YoY, as import growth remained elevated at 17.3%, while export growth stood at 0.2% YoY.

⚪ The net services account declined by 33.8% YoY in June, mainly due to sharp contractions in manufacturing and travel.

⚪ The terms of trade deteriorated by 1.7% YoY in June 2026, as cost of imports continued to rise faster than export prices.

⚪ Gross official reserves declined to USD 6.5 billion by end-June and CBSL recorded net foreign purchases of USD 70.5 Mn in June.

⚪ The financial account recorded net lending of USD 573.1 Mn in Q1 2026, with total net acquisition of financial assets of USD 604.3 Mn against net incurrence of liabilities of USD 31.2 Mn, compared with net borrowing of USD 349.1 Mn in Q4 2025.

13/08/2026

Sri Lanka’s current account reversed to a deficit of USD 148.7 Mn in June 2026, compared to an equivalent surplus in June 2025. The shift was primarily driven by a widening merchandise trade deficit, as import growth continued to outpace exports. However, the easing in the fuel import bill helped reduce some pressure on the external position.

The merchandise trade deficit widened by 53.3% YoY in June, with imports increasing by 17.3% YoY, while exports grew only marginally by 0.2%. Fuel still made the largest contribution to import growth, while industrial exports remained the key contributor to export growth.

Meanwhile, vehicle imports have dropped notably, following the introduction of the additional 50% surcharge in May, with personal vehicle imports declining by 43.3% MoM in June. This suggests that the measures introduced to curb vehicle import demand are beginning to take effect.

05/08/2026

Sri Lanka CCPI Inflation Update – July 2026

https://www.linkedin.com/feed/update/urn:li:activity:7490753592513937408

Key Takeaways -
▫️ Headline CCPI inflation increased to 7.3% YoY in July from 6.8% YoY in June, driven by an acceleration in food inflation (6.3% YoY), while non-food inflation moderated to 7.8% YoY.

▫️ Within non-food inflation, Transport remained the largest contributor despite easing to 17.2% YoY, followed by Restaurants & Hotels (10.6% YoY).

▫️ Housing & Utilities inflation moderated slightly to 5.4% YoY but continued to make a significant contribution to overall inflation.

▫️ Monthly, headline inflation eased sharply to 0.2% MoM from 2.1% MoM in June, reflecting broadly unchanged food prices and a moderation in non-food inflation to 0.4% MoM.

Pragnaa by JB

24/09/2026

17/09/2026

14/09/2026

11/09/2026

08/09/2026

21/08/2026

20/08/2026

19/08/2026

13/08/2026

05/08/2026

Address

Website

Alerts

Shortcuts

Share

Category

Listing takedown request