Inflation rate in Sri Lanka went up to 3.3 percent year-on-year in November 2018, from an upwardly revised 3.2 percent in the previous month. Prices advanced faster for furnishing equipment (3.9 percent from 3.6 percent in October) and health (12.2 percent from 8.9 percent); and declined less for food & non-alcoholic beverages (-1.0 percent from -2.3 percent). Meantime, inflation was steady for housing & utilities (at 1.4 percent, the same as in the prior month) and clothing & footwear (at 7.2 percent); while cost slowed for transport (14.3 percent from 14.9 percent) and restaurants & hotels (7.2 percent from 11.3 percent). On a monthly basis, consumer prices increased 1.3 percent, following a 0.2 drop in October. Inflation Rate in Sri Lanka averaged 9.49 percent from 1986 until 2018, 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.

Inflation Rate in Sri Lanka is expected to be 4.10 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 4.70 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 6.00 percent in 2020, according to our econometric models.

Sri Lanka Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 10:10 AM Inflation Rate YoY 5.9% 5.4% 5.80%
2018-09-28 10:10 AM Inflation Rate YoY 4.3% 5.9% 6.20%
2018-10-31 09:35 AM Inflation Rate YoY 3.1% 4.3% 4.1%
2018-11-30 09:30 AM Inflation Rate YoY 3.3% 3.2% 3.5%
2018-12-31 09:30 AM Inflation Rate YoY 3.3% 4.10%
2019-01-31 09:30 AM Inflation Rate YoY
2019-02-28 02:00 PM Inflation Rate YoY


Sri Lanka Prices Last Previous Highest Lowest Unit
Inflation Rate 3.30 3.20 28.30 -0.90 percent [+]
Consumer Price Index CPI 126.20 124.60 126.20 6.40 Index Points [+]
Core Consumer Prices 128.90 128.10 128.90 47.70 Index Points [+]
Core Inflation Rate 3.40 3.80 12.76 2.13 percent [+]
GDP Deflator 142.70 131.80 197.42 100.00 Index Points [+]
Producer Prices 129.40 132.40 136.80 100.10 Index Points [+]
Export Prices 145.52 145.50 152.43 42.89 Index Points [+]
Import Prices 141.72 136.80 159.30 33.69 Index Points [+]
Inflation Rate Mom 1.30 -0.20 5.19 -3.51 percent [+]
Producer Prices Change 2.20 6.00 20.30 -3.40 percent [+]
Cpi Housing Utilities 112.10 112.00 112.10 104.70 Index Points [+]
CPI Transportation 111.80 112.50 192.90 89.50 Index Points [+]
Food Inflation -1.00 -2.30 14.40 -4.10 percent [+]


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). This page provides - Sri Lanka Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Inflation Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.20 28.30 -0.90 1986 - 2018 percent Monthly
2013=100




Country Last Previous
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 2.00 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 3.31 Oct/18
Indonesia 3.23 Nov/18
Italy 1.70 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.10 Oct/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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