Sri Lanka Inflation Rate Hits Over 3-Year High
2026-10-30 10:07
By
Erika Ordonez
1 min. read
The inflation rate in Colombo, Sri Lanka’s capital, rose to 8.3% in October 2026, following an 8.0% increase in each of the previous two months.
This marked the highest reading since June 2023, as food inflation climbed to an over three-year high of 8.8% from 8.7% in September.
Non-food inflation also picked up to 8.0% from 7.7%, with higher prices in transport (17.6% vs 16.3%), furnishings and equipment (4.5% vs 4.1%), communication (1.1% vs 0.9%), and restaurants and hotels (13.4% vs 11.5%).
In contrast, inflation moderated in clothing and footwear (1.3% vs 1.6%), health (2.6% vs 4.0%), and miscellaneous goods and services (6.5% vs 6.7%).
On a monthly basis, consumer prices ticked up 0.4% in October from 0.1% in the previous month.