Producer prices in Sri Lanka soared 8.7 percent year-on-year in May of 2021, less than an upwardly revised 11.3 percent jump in April 2021 which was the highest producer inflation in 3 years. Prices slowed for agriculture (1.5 percent vs 12.7 percent in April); and manufacturing (8.6 percent vs 11.4 percent), mostly in manufacturing of coke, refine petroleum products and nuclear fuel (47.7 percent); basic metals (18.0 percent); and rubber & plastics (17.2 percent). Meantime, charges rebounded for electricity & water supply (1.0 percent vs -1.6 percent). On a monthly basis, producer prices declined 1.1 percent, after a revised 1.3 percent jump in the prior month. source: Department of Census and Statistics - Sri Lanka

Producer Prices Change in Sri Lanka averaged 6.33 percent from 2015 until 2021, 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 July of 2021.

Producer Prices Change in Sri Lanka is expected to be 7.50 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 3.00 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
8.70 9.80 20.30 -3.40 2015 - 2021 percent Monthly
2013 Q4=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-20 11:15 AM Feb 6.4% 4.5% 3.8%
2021-05-20 11:00 AM Mar 6.3% 6.4% 6.1%
2021-06-22 10:10 AM Apr 9.8% 8.1% 6.4%
2021-07-15 11:00 AM May 8.7% 11.3% 10.2%
2021-08-17 11:00 AM Jun 8.7%
2021-09-15 11:00 AM Jul
2021-10-15 11:00 AM Aug
2021-11-16 11:00 AM Sep


News Stream
Sri Lanka Producer Inflation Slows in May
Producer prices in Sri Lanka soared 8.7 percent year-on-year in May of 2021, less than an upwardly revised 11.3 percent jump in April 2021 which was the highest producer inflation in 3 years. Prices slowed for agriculture (1.5 percent vs 12.7 percent in April); and manufacturing (8.6 percent vs 11.4 percent), mostly in manufacturing of coke, refine petroleum products and nuclear fuel (47.7 percent); basic metals (18.0 percent); and rubber & plastics (17.2 percent). Meantime, charges rebounded for electricity & water supply (1.0 percent vs -1.6 percent). On a monthly basis, producer prices declined 1.1 percent, after a revised 1.3 percent jump in the prior month.
2021-07-15
Sri Lanka Producer Prices Climb the Most in 3 Years
Producer prices in Sri Lanka jumped 9.8 percent year-on-year in April of 2021, following an upwardly revised 8.1 percent hike in the previous month. It was the steepest increase in producer prices since March of 2018, as prices climbed firmly in manufacturing (12.7 percent vs 11.5 percent in March), mostly in manufacturing of coke, refined petroleum products and nuclear fuel (31.4 percent); manufacturing of wearing apparel, dressing and dyeing of fur (20.3 percent); manufacturing of rubber and plastics (16.8 percent); and manufacturing of basic metals (15.4 percent). Upward pressure came from agriculture (12.7 percent vs 10.0 percent), primarily from farming of animals (17.1 percent). On the other hand, charges declined albeit at a slower pace in electricity and water supply (-1.6 percent vs -4.8 percent). On a monthly basis, producer prices advanced 1.7 percent, following a revised 1.0 percent increase in the prior month.
2021-06-22
Sri Lanka Producer Inflation Slows in March
Producer prices in Sri Lanka soared 6.3 percent year-on-year in March 2021, slightly less than a 6.4 percent rise in February 2021. Prices slowed for manufacturing (8.9 percent vs 9.7 percent) and fell for electricity, water & supply ( -4.8 percent vs 1.1 percent). On the other hand, prices increased at a faster pace in agriculture (10 percent vs 8.4 percent in February). On a monthly basis, producer prices dropped 0.1 percent, following a 1.1 percent increase in the previous month.
2021-05-20
Sri Lanka Producer Inflation at 4-Month High
Producer prices in Sri Lanka surged 6.4 percent year-on-year in February of 2021, following an upwardly revised 4.5 percent rise in the previous month. It was the steepest producer inflation since last October, amid higher prices of electricity and water supply (12.6 percent vs 9.9 percent in January); manufacturing (9.7 percent vs 6.7 percent) and agriculture (8.4 percent vs 8.3 percent). On a monthly basis, producer prices were up 1.1 percent, the same pace as in the previous month.
2021-04-20

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.