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Sri Lanka raises retail fuel prices 25%

Public-transport operators must absorb 79-rupee-per-litre diesel cost rise

Economy Supply Chain & Logistics
The Hindu ·
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Sri Lanka raised retail petrol to 398 rupees per litre and diesel to 382 rupees per litre, a roughly 25% increase.
Why it matters
Diesel is commonly used for public transport and has risen by 79 rupees to 382 rupees per litre, raising immediate fuel outlays for diesel-dependent operators. The government introduced rationing and ordered an 8% retail price rise last week, adding a purchase-volume constraint at pumps alongside the higher retail rates.
Implications
  • — Public-transport operators and logistics fleet procurement and treasury teams must immediately reprice services or secure additional cash to cover the 79-rupee-per-litre diesel cost increase — failing to do so will produce immediate operating fuel-cost shortfalls and margin erosion.

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The Hindu
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