Sri Lankan PPI YoY (Nov) Y/Y 0.4% vs. Exp. 0.7% (Prev. 0.9% )
The Sri Lankan PPI year-over-year figure for November came in at 0.4%, missing expectations of 0.7% and down from the previous 0.9%.
China is to cancel VAT export rebates for solar panel products from 1st April 2025; battery export rebate cut to 6% (prev. 9%) until the end of 2026, but will be fully removed from 1st January 2027
[MARKET ANALYSIS] European equities open firmer; Rio Tinto (-2%) & Glencore (+8%) resume merger talks
Sri Lankan PPI YoY (Nov) Y/Y 0.4% vs. Exp. 0.7% (Prev. 0.9% )
US President Trump, on Venezuela, posts "I cancelled the previously expected second Wave of Attacks, which looks like it will not be needed, , however, all ships will stay in place for safety and security purposes"
Czech Unemployment Rate (Dec) 4.8% vs. Exp. 4.8% (Prev. 4.6%)
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This miss indicates a potential easing in inflationary pressures, which could imply a more accommodative environment for monetary policy in the future if the trend continues.
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