Food prices in Sri Lanka increased to 14.7 percent in February of 2020 from 12.4 percent in the previous month. It was the highest food inflation since the series began in 2009, driven by a sharp rise in prices of vegetables, particularly tomatoes (246 percent), red onion (222 percent) and carrot (149 percent). Sri Lanka Food Inflation - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Food Inflation in Sri Lanka averaged 5.64 percent from 2009 until 2020, reaching an all time high of 14.70 percent in February of 2020 and a record low of -4.10 percent in February of 2012. This page provides the latest reported value for - Sri Lanka Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Department of Census and Statistics - Sri Lanka
Food Inflation in Sri Lanka is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Sri Lanka to stand at 6.50 in 12 months time. In the long-term, the Sri Lanka Food Inflation is projected to trend around 6.90 percent in 2021, according to our econometric models.