Producer prices in Sri Lanka increased 7.8 percent year-on-year in July of 2020, following a downwardly revised 7 percent rise in June and the highest rate since April of 2018. Main increases were seen in cost of prices for agriculture (24.7 percent vs 24.9 percent in June), electricity and water supply (6 percent vs 3.5 percent) and manufacturing (5.2 percent vs 3.6 percent). On a monthly basis, producer prices declined 0.7 percent.
Producer Prices Change in Sri Lanka averaged 6.24 percent from 2015 until 2020, reaching an all time high of 20.30 percent in April of 2017 and a record low of -3.40 percent in January of 2016. This page provides - Sri Lanka Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Department of Census and Statistics - Sri Lanka
Producer Prices Change in Sri Lanka is expected to be 11.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Sri Lanka to stand at 2.50 in 12 months time. In the long-term, the Sri Lanka Producer Prices Change is projected to trend around 2.50 percent in 2021 and 3.80 percent in 2022, according to our econometric models.