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flag Sri Lanka's inflation drops to -1.7%, indicating economic recovery from a financial crisis.

flag Sri Lanka's inflation rate fell to -1.7% year-on-year in November, the lowest in nine years, signaling economic recovery from a severe financial crisis. flag The decline is due to reduced power tariffs, fuel prices, and a stronger rupee. flag Economic growth is projected at 4.5-5% for 2024, slightly above the World Bank's estimate.

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