Producer prices in Sri Lanka increased 1.5 percent year-on-year in November of 2019, easing from a revised 4.4 percent rise in the previous month, as manufacturing cost slowed (4.3 percent vs 6.5 percent in October) while agriculture prices dropped (-3.9 percent vs 1.0 percent). In contrast, electricity & water supply cost rebounded (0.1 percent vs -0.4 percent). On a monthly basis, producer prices increased 1.4 percent, following a 1.0 percent rise in the previous month.
Producer Prices Change in Sri Lanka averaged 6.38 percent from 2015 until 2019, reaching an all time high of 20.30 percent in April of 2017 and a record low of -3.40 percent in January of 2016. This page provides - Sri Lanka Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Department of Census and Statistics - Sri Lanka
Producer Prices Change in Sri Lanka is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Sri Lanka to stand at 2.50 in 12 months time. In the long-term, the Sri Lanka Producer Prices Change is projected to trend around 3.80 percent in 2020, according to our econometric models.