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Sri Lanka Christmas cake inflation 4.4-pct in 2025 amid rupee depreciation

ECONOMYNEXT – Inflation measured by the Sri Lanka Christmas cake, widely acclaimed to be the world’s most delicious, rich, ‘decadent’ and interesting confection of its kind, has risen by 4.4 percent in 2025, amid rupee depreciation, an analysis of retail prices show. The cost of 11 key ingredients rose to 15,180 rupees by 2025, up from 14,744 in 2024 with rupee inflating 5.3 percent. Rules vs Discretion In the 12 month to November, the rupee fell from 290.90 rupees to 306.30 to the US dollar, as the central bank selectively denied convertibility to private citizens and bought dollars in excess…

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