Vehicle Demand Drops: The Governor of the Central Bank of Sri Lanka announces that the excessive demand for vehicles, which surged after the relaxation of import restrictions following five years, has now ended.
Prices to Follow: Lower demand suggests vehicle prices may soon decline. 🔹 Trend: Opening of Letters of Credit (LCs) for vehicle imports has dropped and is expected to fall further next month. 🔹 Outlook: Next year is anticipated to be a "normal year" for the vehicle market. (NewsCenter)
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