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.