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.