The annual inflation rate in Sri Lanka edged down to 4.1 percent in August of 2020 from 4.2 percent in July. Inflation slowed for non-food products (0.8 percent vs 1.5 percent in July) while cost of food & non-alcoholic beverages accelerated (12.3 percent vs 10.9 percent). On a monthly basis, consumer prices were flat.

Inflation Rate in Sri Lanka averaged 9.23 percent from 1986 until 2020, 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 September of 2020. source: Central Bank of Sri Lanka

Inflation Rate in Sri Lanka is expected to be 3.50 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 3.30 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 4.00 percent in 2021 and 4.50 percent in 2022, according to our econometric models.

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Sri Lanka Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.10 4.20 28.30 -0.90 1986 - 2020 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2020-05-29 09:30 AM May 4% 5.2% 3.1%
2020-06-30 10:00 AM Jun 3.9% 4% 2.5%
2020-07-31 10:00 AM Jul 4.2% 3.9% 4.4%
2020-08-31 01:00 PM Aug 4.1% 4.2% 4.6%
2020-09-30 10:00 AM Sep 4.1% 3.5%
2020-10-30 10:00 AM Oct 3.6%
2020-11-30 10:00 AM Nov 3.6%
2020-12-31 10:00 AM Dec 3.4%


News Stream
Sri Lanka Inflation Rate Eases Slightly to 4.1%
The annual inflation rate in Sri Lanka edged down to 4.1 percent in August of 2020 from 4.2 percent in July. Inflation slowed for non-food products (0.8 percent vs 1.5 percent in July) while cost of food & non-alcoholic beverages accelerated (12.3 percent vs 10.9 percent). On a monthly basis, consumer prices were flat.
2020-08-31
Sri Lanka Inflation Rate Rises to 3-Month High of 4.2%
The annual inflation rate in Sri Lanka rose to 4.2 percent in July of 2020 from 3.9 percent in the previous month, the highest since April. Cost accelerated for both food & non-alcoholic beverages (10.9 percent vs 10 percent in June) and non-food products (1.5 percent vs 1.4 percent). On a monthly basis, consumer prices went up 0.1 percent, following a 0.8 percent rise in June.
2020-07-31
Sri Lanka Inflation Rate at Near 1-Year Low of 3.9%
The annual inflation rate in Sri Lanka edged down to 3.9 percent in June of 2020 from 4 percent in the previous month. It was the softest inflation rate since last August, amid a slowdown in prices of non-food products (1.4 percent vs 1.6 percent in May). In contrast, inflation continued to advance for food & non-alcoholic beverages (10 percent vs 9.9 percent). On a monthly basis, consumer prices inched up 0.8 percent, after increasing 0.4 percent in the previous month.
2020-06-30
Sri Lanka May Inflation Rate at 10-Month Low of 4%
The annual inflation rate in Sri Lanka fell to 4 percent in May of 2020 from 5.2 percent in the previous month. It was the lowest inflation rate since last August, as prices slowed for food & non-alcoholic beverages (9.9 percent vs 13.2 percent in April) and non- food products (1.6 percent vs 2.1 percent). On a monthly basis, consumer prices went up 0.5 percent, after increasing 0.1 percent in the previous month.
2020-06-01

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).