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文章基本信息

  • 标题:PRICES, WAGES AND EMPLOYMENT
  • 期刊名称:Annual Reports / Central Bank of Sri Lanka
  • 出版年度:2006
  • 卷号:1
  • 出版社:Central Bank of Sri Lanka
  • 摘要:The year 2006 commenced with a moderation of consumer price inflation, in response to tight monetary policy aided by growth in domestic production. However, the developments that took place thereafter, particularly, the escalation of oil prices, led to a reversal of this trend exerting pressure on inflation during the remainder of the year. The rise in prices was a consequence of the combined effects of demand pressure, increases in administered prices and supply side disturbances. The pressure on prices from the demand side was directed from the relatively high monetary growth, that arose from high public and private sector credit due to increased consumption, as well as increased government expenditure and borrowings.
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