The inflation rate in Sri Lanka was recorded at 6.20 percent in February of 2020. Sri Lanka Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Inflation Rate in Sri Lanka averaged 9.30 percent from 1986 until 2020, reaching an all time high of 28.30 percent in June of 2008 and a record low of -0.90 percent in March of 1995. This page provides - Sri Lanka Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of Sri Lanka

Inflation Rate in Sri Lanka is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Sri Lanka to stand at 4.70 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 4.70 percent in 2021 and 6.00 percent in 2022, according to our econometric models.


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Sri Lanka Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.20 6.20 28.30 -0.90 1986 - 2020 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2019-11-29 10:00 AM Nov 4.4% 5.4% 4.2%
2019-12-31 10:00 AM Dec 4.8% 4.4% 4.6%
2020-01-31 10:00 AM Jan 5.4% 4.8%
2020-02-28 09:45 AM Feb 6.2% 5.7% 6.3%
2020-03-31 10:00 AM Mar 6.2% 6.9%
2020-04-30 10:00 AM Apr
2020-05-29 10:00 AM May
2020-06-30 10:00 AM Jun 4.5%


News Stream
Sri Lanka Inflation Rate Highest since 2017
Inflation rate in Sri Lanka increased to 6.2 percent in February of 2020, from 5.7 percent in the previous month. It was the highest rate of inflation since December of 2017, as food & non-alcoholic beverages prices rose sharply (14.7 percent vs 12.4 percent in December). Meantime, non-food products cost slowed (2.8 percent vs 2.9 percent). On a monthly basis, consumer prices showed no growth, after a 1.7 percent in January.
2020-02-28
Sri Lanka Inflation Rate at 3-Month High in January
Inflation rate in Sri Lanka increased to 5.4 percent in January of 2019, from 4.8 percent in the previous month. It was the highest rate of inflation since October, as food & non-alcoholic beverages prices rose sharply (11.7 percent vs 6.3 percent in December). Meantime, non-food products cost slowed (2.9 percent vs 4.3 percent), particularly housing & utilities (1.8 percent vs 2.5 percent) while prices advanced faster for transport (7.6 percent vs 4.4 percent) and restaurants & hotels (3.8 percent vs 2.9 percent). On a monthly basis, consumer prices went up 1.4 percent, after rising 0.5 percent in December.
2020-01-31
Sri Lanka December Inflation Rate Quickens to 4.8%
Inflation rate in Sri Lanka rose to 4.8 percent in December 2019 from 4.4 percent in November, as prices advanced faster for both food & non-alcoholic beverages (6.3 percent vs 4.6 percent) and non-food products (4.3 percent vs 4.2 percent). Among non-food items, prices were higher for transport (4.4 percent vs 2.7 percent) and health (3.7 percent vs 2.2 percent) while inflation was steady for restaurants & hotels (at 2.9%); clothing & footwear (at 8.1 percent) and furnishings (at 5.4 percent). On a monthly basis, consumer prices inched up 0.5 percent, following a 0.3 percent increase in the prior month.
2019-12-31
Sri Lanka Inflation Rate at 3-Month Low
Inflation rate in Sri Lanka decreased to 4.4 percent in November of 2019, from 5.4 percent in the previous month. It was the lowest rate of inflation since August, as cost slowed for food & non-alcoholic beverages (4.6 percent vs 6.8 percent in October) and non-food products (4.2 percent vs 4.8 percent). Among non-food, prices advanced at a softer pace for housing & utilities (2.6 percent vs 2.9 percent); furniture & household equipment (5.4 percent vs 5.7 percent) and health (2.2 percent vs 12.7 percent). In contrast, transport cost increased faster (2.7 percent vs 1.2 percent) while inflation was steady for restaurants & hotels (at 2.9 percent). On a monthly basis, consumer prices went up 0.3 percent, after rising 0.2 percent in October.
2019-11-29

Sri Lanka Inflation Rate
In Sri Lanka, the Consumer Price Index (CPI) is composed of two main groups: Food items (41 percent) and Non-food items (59 percent). Food items are mainly composed of: bread and cereals (7.9 percent), fish and sea food (6 percent) and vegetables (5.7 percent). The most important non-food items are housing water, electricity, gas and other fuels (23.7 percent), transport (12.3 percent), and restaurants and hotels (5.8 percent).