THE COST OF LIVING
Since March 2022, the PepperCube Cost of Living Index (CLI) has sat firmly in the ninth percentile and it registered 93.5 in November – a slight dip from 94.6 in October
BUSINESS SENTIMENT
The implications of Budget 2023 – and a reassessment of cash flows, assets and liabilities – will occupy the minds of corporates as the new tax rates and policies kick in.
BURNING ISSUES
President Ranil Wickremesinghe’s budget for 2023 countenances wide-ranging tax reforms in an effort to boost state revenues and facilitate external trade.
THE COST OF LIVING
The PepperCube Cost of Living Index (CLI) maintains its tenacious hold on the 90s (as it has since March), registering 94.6 in October.
THE ECONOMY
NielsenIQ’s Director – Consumer Insights Therica Miyanadeniya observes that “optimism is on the rise again as people are settling down to some degree
BUSINESS SENTIMENT
The race for survival is on. Daily life has acquired a dystopian air as people from all walks of life countenance the possibility of privations to come – or which have already arrived.
BURNING ISSUES
As the drastic changes to the tax regime preoccupy the urban mind, rural folk ponder the ground realities of food and fuel scarcities, which remain very real problems
THE ECONOMY
NielsenIQ’s Director – Consumer Insights Therica Miyanadeniya remarks: “The country continues to struggle to reach equilibrium in its effort to return to its former state of affairs
CONSUMER CONFIDENCE
Last month’s uptick in the NielsenIQ’s three-month rolling Consumer Confidence Index (CCI) has persisted – for the third consecutive month! In October
THE COST OF LIVING
The PepperCube Cost of Living Index (CLI) has dipped marginally from August’s 92.6 down to 91.2 in September. That said, it’s unlikely that the index will relinquish its hold on the 90s
BUSINESS SENTIMENT
ome aspects of daily life have changed somewhat dramatically – most visibly, there’s more vehicular traffic on the streets and less items in a household’s shopping bag
BURNING ISSUES
Life in general has resumed a tenuous hold on an even keel but soaring inflation threatens lifestyles and livelihoods. It is hoped therefore, that the president’s plans
THE ECONOMY
NielsenIQ’s Director – Consumer Insights Therica Miyanadeniya remarks: “The country continues to struggle to reach equilibrium in its effort to return to its former state
CONSUMER CONFIDENCE
Business sentiment may have nudged down but consumer confidence hasn’t followed suit. Last month’s uptick in the nielseniQ’s three-month rolling consumer confidence index
THE COST OF LIVING
The PepperCube Cost of Living Index (CLI) registered a rise to 92.6 from July’s 91.3. And with inflation rising globally, it’s unlikely that we’ll see any dramatic downward movement soon.
BUSINESS SENTIMENT
Despite the protracted period of suffering in recent months, Sri Lankans are gradually reclaiming a sense of their previous existence as the interminable wait
BURNING ISSUES
The nation heaved a sigh of relief as the last few weeks have seen a welcome respite from the interminable queues, and cooking gas and fuel are somewhat accessible if not affordable
THE ECONOMY
The encouraging reliefs after several months of intense hardship seem to have a positive bearing on both the Business Confidence Index (BCI) and Consumer Confidence Index (CCI)
CONSUMER CONFIDENCE
Our lament about “when will we see an uptick in the NielsenIQ’s threemonth rolling Consumer Confidence Index (CCI)?” has been heard! It’s with a sense