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New Year “Kevili” Table Costs 7 Percent More in 2025
The cost of preparing a traditional kevili table for the Sinhala and Tamil New Year has risen by 7 percent in 2025 compared to the previous year. It remains more than twice as expensive as in 2019. A kevili table, a customary feature during New Year celebrations in Sri Lanka, includes an assortment of traditional sweetmeats symbolising prosperity and happiness. Prices increased for five out of the eight key items in 2025. Notably, the cost of milk rice rose by 57 percent and kokis by 35 percent – both of which rely heavily on coconut and coconut oil. The overall increase in kevili table prices was primarily driven by a surge in coconut prices. The price of coconuts rose by 80 percent year-on-year, while coconut oil increased by 40 percent. In contrast, the prices of most other ingredients either declined or remained stable. Furthermore, compared to 2019, the cost of a kevili table has more than doubled—rising by 2.4 times in 2025, up from 2.2 times in 2024 (See Exhibit 1 ) . Exhibit 1: Change in Kevili item prices over time (prices in LKR) Cost of ingredients in preparing April 2019 April 2023 March 2024 March 2025 Kokis (20 pcs) 232 529 457 618 Banana (1kg) 93 283 212 198 Milk Rice (10 pcs) 72 163 165 258 Aluwa (15 pcs) 124 258 295 249 Butter Cake (1kg) 370 935 842 754 Kavum (20 pcs) 723 1483 1569 1668 Dodol (1kg) 452 976 1001 1137 Mun Kavum (15 pcs) 221 546 529 531 Total cost of ingredients 2,288 5,172 5,069 5,414
Featured Insight
New Year “Kevili” Table Costs 7 Percent More in 2025
The cost of preparing a traditional kevili table for the Sinhala and Tamil New Year has risen by 7 percent in 2025 compared to the previous year. It remains more than twice as expensive as in 2019. A kevili table, a customary feature during New Year celebrations in Sri Lanka, includes an assortment of traditional sweetmeats symbolising prosperity and happiness. Prices increased for five out of the eight key items in 2025. Notably, the cost of milk rice rose by 57 percent and kokis by 35 percent – both of which rely heavily on coconut and coconut oil. The overall increase in kevili table prices was primarily driven by a surge in coconut prices. The price of coconuts rose by 80 percent year-on-year, while coconut oil increased by 40 percent. In contrast, the prices of most other ingredients either declined or remained stable. Furthermore, compared to 2019, the cost of a kevili table has more than doubled—rising by 2.4 times in 2025, up from 2.2 times in 2024 (See Exhibit 1 ) . Exhibit 1: Change in Kevili item prices over time (prices in LKR) Cost of ingredients in preparing April 2019 April 2023 March 2024 March 2025 Kokis (20 pcs) 232 529 457 618 Banana (1kg) 93 283 212 198 Milk Rice (10 pcs) 72 163 165 258 Aluwa (15 pcs) 124 258 295 249 Butter Cake (1kg) 370 935 842 754 Kavum (20 pcs) 723 1483 1569 1668 Dodol (1kg) 452 976 1001 1137 Mun Kavum (15 pcs) 221 546 529 531 Total cost of ingredients 2,288 5,172 5,069 5,414
Featured Insight
New Year “Kevili” Table Costs 7 Percent More in 2025
The cost of preparing a traditional kevili table for the Sinhala and Tamil New Year has risen by 7 percent in 2025 compared to the previous year. It remains more than twice as expensive as in 2019. A kevili table, a customary feature during New Year celebrations in Sri Lanka, includes an assortment of traditional sweetmeats symbolising prosperity and happiness. Prices increased for five out of the eight key items in 2025. Notably, the cost of milk rice rose by 57 percent and kokis by 35 percent – both of which rely heavily on coconut and coconut oil. The overall increase in kevili table prices was primarily driven by a surge in coconut prices. The price of coconuts rose by 80 percent year-on-year, while coconut oil increased by 40 percent. In contrast, the prices of most other ingredients either declined or remained stable. Furthermore, compared to 2019, the cost of a kevili table has more than doubled—rising by 2.4 times in 2025, up from 2.2 times in 2024 (See Exhibit 1 ) . Exhibit 1: Change in Kevili item prices over time (prices in LKR) Cost of ingredients in preparing April 2019 April 2023 March 2024 March 2025 Kokis (20 pcs) 232 529 457 618 Banana (1kg) 93 283 212 198 Milk Rice (10 pcs) 72 163 165 258 Aluwa (15 pcs) 124 258 295 249 Butter Cake (1kg) 370 935 842 754 Kavum (20 pcs) 723 1483 1569 1668 Dodol (1kg) 452 976 1001 1137 Mun Kavum (15 pcs) 221 546 529 531 Total cost of ingredients 2,288 5,172 5,069 5,414
Featured Insight
New Year “Kevili” Table Costs 7 Percent More in 2025
The cost of preparing a traditional kevili table for the Sinhala and Tamil New Year has risen by 7 percent in 2025 compared to the previous year. It remains more than twice as expensive as in 2019. A kevili table, a customary feature during New Year celebrations in Sri Lanka, includes an assortment of traditional sweetmeats symbolising prosperity and happiness. Prices increased for five out of the eight key items in 2025. Notably, the cost of milk rice rose by 57 percent and kokis by 35 percent – both of which rely heavily on coconut and coconut oil. The overall increase in kevili table prices was primarily driven by a surge in coconut prices. The price of coconuts rose by 80 percent year-on-year, while coconut oil increased by 40 percent. In contrast, the prices of most other ingredients either declined or remained stable. Furthermore, compared to 2019, the cost of a kevili table has more than doubled—rising by 2.4 times in 2025, up from 2.2 times in 2024 (See Exhibit 1 ) . Exhibit 1: Change in Kevili item prices over time (prices in LKR) Cost of ingredients in preparing April 2019 April 2023 March 2024 March 2025 Kokis (20 pcs) 232 529 457 618 Banana (1kg) 93 283 212 198 Milk Rice (10 pcs) 72 163 165 258 Aluwa (15 pcs) 124 258 295 249 Butter Cake (1kg) 370 935 842 754 Kavum (20 pcs) 723 1483 1569 1668 Dodol (1kg) 452 976 1001 1137 Mun Kavum (15 pcs) 221 546 529 531 Total cost of ingredients 2,288 5,172 5,069 5,414
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Budget 2022
Budget 2022
Detailed analysis of the 2022 budget.
Public Report on the 2022 Budget: Assessment of the Fiscal, Financial and Economic Assumptions used in the Budget Estimates
This report provides an assessment and analysis of the fiscal, financial and economic assumptions and estimates applied in the formulation of the 2022 Budget. This repo...
From The PF Wire
Source:
Ceylon today
Budget 2022 passed
The Third Reading of the Appropriation Bill 2022 was passed with a majority of 93 votes on Friday (10). The voting took place at 6:05 p.m. A total of 157 voted in favour to 64 against. The voting took place at 6:05 p.m. Minister of Finance B...
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Source:
Daily Mirror
National Chamber calls for measures to manage impa...
National Chamber of Commerce of Sri Lanka (NCCSL)IN a statement yesterday recognized the efforts of the government to signal all the stakeholders that they are in a path towards managing fiscal space by estimating budget deficit for 2022 in single digit (8.8 percent)...
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Source:
Economy Next
Sri Lanka aims to cut deficit, have non-traditiona...
Sri Lanka aims to make a ‘significant reduction’ in the country’s runaway fiscal deficit in 2022 and have a ‘non-traditional budget’ senior officials said as the country is also facing severe monetary instability due to artificially low i...
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Insight on Budget 2022
Total Revenue Estimates : Govt and Verit...
The government has consistently overestim...
Underestimation of Sri Lanka’s Central G...
Since 2020, t...
Public Report on the 2022 Budget: Assess...
This report provides an assessment and an...
Budget 2022 : Water Supply
Budget 2022: Health Sector
Budget 2022 : Education Sector
Ministerial Allocation of Government Ex...
Here’s a breakdown of ministerial a...
Sectoral Breakdown of Expenditure Propos...
Here’s a breakdown of sectoral allo...
Government Budget balances : 2000 - 2022
The following infographic depicts the gov...
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Featured
Sri Lanka's Fiscal for Targets for 2023
Sri Lanka Budget 2023: Government revenue is expected to be 11.3% of GDP in 2023, according to projections in the Budget 2023.
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Economic Policies in an Election Year: Some Inconv...
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engageme...
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State of the Budget Report Estimates 14% Shortfall...
Sri Lanka is projected to fall short of its budget target on revenue to GDP (gross domestic product) for the 33rd consecutive year in 2024, according to the recently released ‘State of the Budget Report 2024’.
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