Sri Lanka’s annual inflation rate edged down to 5.7 percent in September of 2021 from 6 percent in the previous month amid a slowdown food cost (10 percent vs 11.5 percent in August). On the other hand, prices advanced at a faster pace for non-food products (3.8 percent vs 3.5 percent). Meanwhile, annual core inflation picked up to 5 percent in September from 4.1 percent in the prior month. On a monthly basis, consumer prices went up 0.4 percent from 0.28 percent increase in August. source: Central Bank of Sri Lanka

Inflation Rate in Sri Lanka averaged 9.08 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 October of 2021.

Inflation Rate in Sri Lanka is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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


Calendar GMT Actual Previous Consensus TEForecast
2021-06-30 09:30 AM Jun 5.2% 4.5% 4.9%
2021-08-02 10:00 AM Jul 5.7% 5.2% 5.5%
2021-09-01 09:50 AM Aug 6.0% 5.7% 5.9%
2021-09-30 09:30 AM Sep 5.7% 6.0% 6.2%
2021-10-29 10:00 AM Oct 5.7%
2021-11-30 10:00 AM Nov
2021-12-31 10:00 AM Dec


News Stream
Sri Lanka Inflation Slows in September
Sri Lanka’s annual inflation rate edged down to 5.7 percent in September of 2021 from 6 percent in the previous month amid a slowdown in food cost (10 percent vs 11.5 percent in August). On the other hand, prices advanced at a faster pace for non-food products (3.8 percent vs 3.5 percent). Meanwhile, annual core inflation picked up to 5 percent in September from 4.1 percent in the prior month. On a monthly basis, consumer prices went up 0.4 percent from 0.28 percent increase in August.
2021-09-30
Sri Lanka Inflation Rate at 18-Month High
Sri Lanka’s annual inflation rate rose to 6.0 percent in August of 2021, quickening from 5.7 percent in the previous month. It was the steepest increase in consumer prices since February of last year, underpinned by food prices (11.5 percent vs 11.0 percent in July) and, to a lesser extent, non-food charges (3.5 percent vs 3.2 percent). At the same time, annual core inflation picked up to 4.1 percent in August from 3.7 percent in the prior month. On a monthly basis, consumer prices went up 0.3 percent, slowing from a 0.5 percent advance in July.
2021-09-01
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 Last Unit Reference Previous Highest Lowest
Inflation Rate 5.70 percent Sep/21 6.00 28.30 -0.90
Consumer Price Index CPI 144.10 points Sep/21 143.50 144.10 6.40
Core Inflation Rate 4.10 percent Aug/21 3.70 12.76 2.13
Core Consumer Prices 146.50 points Aug/21 145.60 146.50 47.70
GDP Deflator 151.90 points Dec/20 151.80 197.42 100.00
Export Prices 166.55 points Jul/21 158.09 174.39 42.89
Import Prices 177.31 points Jul/21 178.90 178.90 33.69
CPI Transportation 127.40 points Sep/21 127.40 192.90 89.50
Cpi Housing Utilities 118.60 points Sep/21 118.40 118.70 104.70
Inflation Rate Mom 0.30 percent Aug/21 0.50 5.19 -3.51


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).