Producer prices in Sri Lanka increased 3.6 percent year-on-year in December of 2020, following a downwardly revised 5.1 percent jump in November. It is the slowest producer inflation since March, as prices slowed the most in agriculture (9.7 percent vs 17.8 percent in November), due to lower costs of farmed animals (-4 percent); followed by utilities (0.7 percent vs 3.3 percent), dragged by almost flat electricity prices (0.4 percent). On the other hand, manufacturing prices rose at a faster rate (4.7 percent vs 3.6 percent), supported by manufacturing of wearing apparel, dressing, and dyeing of fur (14.6 percent); manufacture of rubber and plastics (10.2 percent); manufacture of electrical equipments (9.6 percent) and manufacture of basic metals (8 percent). On a monthly basis, producer prices climbed 1.5 percent, following a downwardly revised 0.2 percent decrease in November. Considering full 2020, producer inflation jumped 5.7 percent, following a 2.9 percent hike in 2019. source: Department of Census and Statistics - Sri Lanka

Producer Prices Change in Sri Lanka averaged 6.27 percent from 2015 until 2020, 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. Sri Lanka Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Producer Prices Change in Sri Lanka is expected to be 1.50 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 2.80 in 12 months time. In the long-term, the Sri Lanka Producer Prices Change is projected to trend around 3.00 percent in 2022, according to our econometric models.

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Sri Lanka Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
3.60 5.10 20.30 -3.40 2015 - 2020 percent Monthly
2013 Q4=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-16 11:00 AM Sep 7% 7.7% 7.1%
2020-12-15 11:00 AM Oct 6.8% 7% 6.2%
2021-01-15 11:00 AM Nov 5.5% 7% 5.6%
2021-02-18 02:30 PM Dec 3.6% 5.1% 3.1%
2021-03-26 11:00 AM Jan 3.6%
2021-04-20 11:00 AM Feb
2021-05-22 11:00 AM Mar
2021-06-22 11:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Sri Lanka Producer Inflation at 11-Month Low
Producer prices in Sri Lanka increased 3.6 percent year-on-year in December of 2020, following a downwardly revised 5.1 percent jump in November. It is the lowest producer inflation since March, as prices slowed the most in agriculture (9.7 percent vs 17.8 percent in November), due to lower costs of farmed animals (-4 percent); followed by utilities (0.7 percent vs 3.3 percent). On the other hand, manufacturing prices rose at a faster rate (4.7 percent vs 3.6 percent) mostly because of manufacturing of wearing apparel, dressing, and dyeing of fur (14.6 percent); manufacture of rubber and plastics (10.2 percent); manufacture of electrical equipment (9.6 percent) and manufacture of basic metals (8 percent). On a monthly basis, producer prices climbed 1.5 percent, following a downwardly revised 0.2 percent decrease in November. Considering full 2020, producer inflation jumped 5.7 percent, following a 2.9 percent hike in 2019.
2021-02-18
Sri Lanka Producer Inflation at 6-Month Low
Producer prices in Sri Lanka increased 5.5% year-on-year in November of 2020, a new low since May and following an upwardly revised 7% increase in October. Prices slowed in manufacturing (4.3% vs 4.4% in October) due to textile manufacturing (-4.5%), manufacture of coke, refined petroleum products and nuclear fuel (-31.1%), and transport equipment (-13.4%). Prices of agriculture rose 17.8%, the same as in October, mainly driven by fruits (26.4%) and cereals (12.3%). Also, cost increased faster for utilities (2.7% vs 2.4%). On a monthly basis, producer prices edged up 0.1%, following a 0.7% rise in October.
2021-01-15
Sri Lanka Producer Inflation Slows in October
Producer prices in Sri Lanka increased 6.8 percent year-on-year in October of 2020, lower than an upwardly revised 7.1 percent increase in the previous month. It is the lowest producer inflation since May amid a slowdown in cost of agriculture (22.8 percent vs 26.4 percent). In contrast, prices rose faster for manufacturing (4.4 percent vs 3.5 percent) and utilities (2.4 percent vs 0.8 percent). On a monthly basis, producer prices went up 0.8 percent.
2020-12-15
Sri Lanka Producer Price Inflation Slows in September
Sri Lanka's producer price inflation eased to 7.0 percent year-on-year in September 2020, from an over two-year high of 7.7 percent seen in July and August. Cost for manufactured products increased at a slower pace (3.5 percent vs 5.1 percent in August). At the same time, prices increased faster for both agriculture (26.4 percent vs 24.9 percent) and electricity and water supply (0.8 percent vs 0.7 percent). On a monthly basis, producer prices rose 0.1 percent, after a 0.2 percent drop in August.
2020-11-16

Sri Lanka Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.