Sri Lanka Inflation Rate Highest in Over 3 Years
2026-08-31 10:21
By
Erika Ordonez
1 min. read
The inflation rate in Colombo, Sri Lanka’s capital, rose to 8.0% in August 2026 from 7.3% in the previous month, above market expectations of 7.7%.
This marked the highest reading since June 2023, as food inflation climbed to an over three-year high of 8.5% from 6.3% in July.
Prices also rose faster for clothing and footwear (1.4% vs 0.8%), furnishings and equipment (6.6% vs 5.4%), health (3.4% vs 3.0%), communication (0.9% vs 0.5%), restaurants and hotels (11.1% vs 10.6%), and miscellaneous goods and services (6.8% vs 6.2%).
In contrast, non-food inflation edged down to 7.7% from 7.8%, with lower inflation in housing and utilities (5.1% vs 5.4%) and transport (16.7% vs 17.2%).
On a monthly basis, consumer prices ticked up 0.3% in September, following a 0.2% increase in the previous month.