Cost of food in Sri Lanka increased 9.90 percent in May of 2020 over the same month in the previous year.
Food Inflation in Sri Lanka averaged 5.78 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. Sri Lanka Food Inflation - values, historical data and charts - was last updated on July of 2020. source: Department of Census and Statistics - Sri Lanka
Food Inflation in Sri Lanka is expected to be 6.50 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 4.00 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.