Consumer prices in Sri Lanka jumped 5.2 percent year-on-year in June of 2021, after a 4.5 percent rise in the previous month. It was the fastest inflation rate since April of 2020, supported by rising price pressures in both food (11.3 percent vs 9.9 percent in May) and non-food products (2.5 percent vs 2.2 percent). Meanwhile, the core inflation rate was 3.2 percent in June, the same as in the previous month. On a monthly basis, consumer prices advanced 1.5 percent, following a 1.1 percent gain in May. source: Central Bank of Sri Lanka

Inflation Rate in Sri Lanka averaged 9.10 percent from 1986 until 2021, 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. Sri Lanka Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Inflation Rate in Sri Lanka is expected to be 4.90 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 3.70 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 4.00 percent in 2022, according to our econometric models.

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Sri Lanka Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.20 4.50 28.30 -0.90 1986 - 2021 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2021-03-31 10:00 AM Mar 4.1% 3.3% 4.6%
2021-04-30 10:00 AM Apr 3.9% 4.1% 4.3%
2021-05-31 09:30 AM May 4.5% 3.9% 4.1%
2021-06-30 09:30 AM Jun 5.2% 4.5% 4.9%
2021-07-30 10:00 AM Jul 5.2% 5.5%
2021-08-31 10:00 AM Aug
2021-09-30 10:00 AM Sep
2021-10-29 10:00 AM Oct


News Stream
Sri Lanka Inflation Rate Rises to 14-Month High
Consumer prices in Sri Lanka jumped 5.2 percent year-on-year in June of 2021, after a 4.5 percent rise in the previous month. It was the fastest inflation rate since April of 2020, supported by rising price pressures in both food (11.3 percent vs 9.9 percent in May) and non-food products (2.5 percent vs 2.2 percent). Meanwhile, the core inflation rate was 3.2 percent in June, the same as in the previous month. On a monthly basis, consumer prices advanced 1.5 percent, following a 1.1 percent gain in May.
2021-07-07
Sri Lanka Inflation Rate at 3-Month High
Annual inflation rate in Sri Lanka increased to 4.1 percent in March of 2021, the highest reading in 3 months, from 3.3 percent in February. Food inflation went up to 9.6 percent from 7.9 percent and non-food rose to 1.8 percent from 1.3 percent. Among non-food, main upward pressure came from transport; clothing and footwear; restaurants and hotels; and miscellaneous goods and services. On a monthly basis, fell 0.18 percent, after a 0.31 percent rise in February.
2021-03-31
Sri Lanka Consumer Prices Up 3.3% in February
Annual inflation rate in Sri Lanka went up to 3.3 percent in February of 2021 from 3.0 percent in January. Prices increased at a faster pace for food (7.9 percent vs 6.8 percent), mainly due to vegetables, while prices eased for non-food (1.3 percent vs 1.4 percent), on lower costs of education and recreation & culture. On a monthly basis, consumer prices edged up 0.3 percent, following a 0.5 percent increase in the prior month. The 12-month moving average stood at 4.1 percent.
2021-02-25
Sri Lanka Inflation at 2-Year Low
Annual inflation rate in Sri Lanka decelerated to 3 percent in January of 2021 from 4.2 percent in December of last year. Price increased at a slower pace for food (6.8 percent vs 9.2 percent) and non-food (1.4 percent vs 2 percent), namely transport, clothing and footwear, recreation and culture, and restaurants and hotels. On a monthly basis, consumer prices went up 0.5 percent. The 12-month moving average stood at 4.3 percent
2021-01-29

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).