Inflation rate in Sri Lanka rose to 3.4 percent year-on-year in August of 2019, up from a 3.3 percent increase in the previous month, as non-food prices rose faster (6.2 percent vs 5.9 percent in July). Among non-food, cost grew for housing & utilities (3.9 percent vs 3.8 percent); transport (6.9 percent vs 5.4 percent); clothing & footwear (8.8 percent vs 8.2 percent) and recreation & culture (5.4 percent vs 3.6 percent). Meanwhile, food and non-alcoholic beverages cost dropped further (-2.8 percent vs -2.6 percent). On a monthly basis, consumer prices went up 0.1 percent, rebounding from a 0.2 percent drop in the prior month. Inflation Rate in Sri Lanka averaged 9.36 percent from 1986 until 2019, 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.

Inflation Rate in Sri Lanka is expected to be 4.40 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 4.60 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 6.00 percent in 2020, according to our econometric models.

Sri Lanka Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-31 10:00 AM Inflation Rate YoY May 5.0% 4.5% 4.4%
2019-06-28 09:45 AM Inflation Rate YoY Jun 3.8% 5.0% 5.2%
2019-07-31 10:00 AM Inflation Rate YoY Jul 3.3% 3.8% 4.1%
2019-08-30 10:00 AM Inflation Rate YoY Aug 3.4% 3.3% 3.9%
2019-09-30 10:00 AM Inflation Rate YoY Sep 3.4% 4.4%
2019-10-31 10:00 AM Inflation Rate YoY Oct
2019-11-29 10:00 AM Inflation Rate YoY Nov


Sri Lanka Prices Last Previous Highest Lowest Unit
Inflation Rate 3.40 3.30 28.30 -0.90 percent [+]
Consumer Price Index CPI 130.10 130.00 130.20 6.40 Index Points [+]
Core Consumer Prices 134.60 134.60 134.60 47.70 Index Points [+]
Core Inflation Rate 5.60 5.70 12.76 2.13 percent [+]
GDP Deflator 149.82 143.59 197.42 100.00 Index Points [+]
Producer Prices 134.60 136.50 138.50 100.10 Index Points [+]
Export Prices 167.14 125.64 169.40 42.89 Index Points [+]
Import Prices 146.65 144.06 159.30 33.69 Index Points [+]
Inflation Rate Mom 0.10 -0.20 5.19 -3.51 percent [+]
Producer Prices Change -0.30 -0.20 20.30 -3.40 percent [+]
Cpi Housing Utilities 115.70 115.70 115.70 104.70 Index Points [+]
CPI Transportation 117.20 113.50 192.90 89.50 Index Points [+]
Food Inflation -2.80 -2.60 14.40 -4.10 percent [+]


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). This page provides - Sri Lanka Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.30 28.30 -0.90 1986 - 2019 percent Monthly
2013=100




Country Last Previous
Argentina 53.60 Aug/19
Australia 1.60 Jun/19
Brazil 3.43 Aug/19
Canada 1.90 Aug/19
China 2.80 Aug/19
Euro Area 1.00 Aug/19
France 1.00 Aug/19
Germany 1.40 Aug/19
India 3.21 Aug/19
Indonesia 3.49 Aug/19
Italy 0.40 Aug/19
Japan 0.30 Aug/19
Mexico 3.16 Aug/19
Netherlands 2.80 Aug/19
Russia 4.30 Aug/19
Saudi Arabia -1.30 Jul/19
Singapore 0.40 Jul/19
South Africa 4.30 Aug/19
South Korea 0.00 Aug/19
Spain 0.30 Aug/19
Switzerland 0.30 Aug/19
Turkey 15.01 Aug/19
United Kingdom 1.70 Aug/19
United States 1.70 Aug/19


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