Sri Lanka Producer Inflation Highest Since 2023

2026-08-31 09:45 By Jereli Escobar 1 min. read

Producer prices in Sri Lanka rose 5.0% year-on-year in July 2026 from a revised 4.1% in the previous month and reaching the highest level since May 2023.

Prices in agriculture rebounded to 0.1% from a 10.7% fall in June, particularly for growing of non-perennial crops (3.5% vs -8.2%), and animal production (14.8% vs 10.4%).

Prices also increased for manufacturing (5.3% vs 4.2%), driven by coke and refined petroleum products, which surged 51.5% from 3.5% in June, while rubber and plastics products rose 16.6% from 6%.

In contrast, inflation eased for electricity, gas, steam, and air conditioning supply (23% vs 29.4%), and water collection, treatment and supply (5.5% vs 6.1%).

On a monthly basis, producer prices edged up 0.5% in July, rebounding from a 1.2% drop in June.



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Sri Lanka Producer Inflation Highest Since 2023
Producer prices in Sri Lanka rose 5.0% year-on-year in July 2026 from a revised 4.1% in the previous month and reaching the highest level since May 2023. Prices in agriculture rebounded to 0.1% from a 10.7% fall in June, particularly for growing of non-perennial crops (3.5% vs -8.2%), and animal production (14.8% vs 10.4%). Prices also increased for manufacturing (5.3% vs 4.2%), driven by coke and refined petroleum products, which surged 51.5% from 3.5% in June, while rubber and plastics products rose 16.6% from 6%. In contrast, inflation eased for electricity, gas, steam, and air conditioning supply (23% vs 29.4%), and water collection, treatment and supply (5.5% vs 6.1%). On a monthly basis, producer prices edged up 0.5% in July, rebounding from a 1.2% drop in June.
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Sri Lanka Producer Inflation Slows in June
Producer prices in Sri Lanka rose by 1.3% year-on-year in June 2026, easing from an upwardly revised 3.3% rise in the previous month. Agricultural producer prices fell at a faster pace (-10.7% vs -9.5% in May), mainly due to weaker prices for perennial and non-perennial crops. Meanwhile, electricity, gas, steam and air conditioning supply prices accelerated (15.8% vs 13.4%), while water collection, treatment and supply also recorded faster growth (5.9% vs 5.7%). Manufacturing inflation increased further (3.6% vs 3.2%), supported by higher costs of chemical products, non-metallic mineral products, other transport equipment, and food products. On a monthly basis, producer prices declined 1.2% in June, reversing a 1.6% increase in the previous month.
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Producer prices in Sri Lanka rose by 1.7% year-on-year in April 2026, picking up from a 0.5% rise in the previous month. The acceleration was mainly driven by a sharp rebound in electricity, gas, steam and air conditioning supply (17.2% vs -4.6% in March). Prices for water collection, treatment, and supply also rose at a faster pace (5.3% vs 0.6%). Additionally, inflation increased further for manufacturing (4.3% vs 1.3%), supported by higher costs of chemical, non-metallic mineral, other transport equipment, and food products. In contrast, agricultural producer prices declined at a much steeper pace (-15.2% vs 1.6%), largely due to weaker prices for perennial and non-perennial crops. On a monthly basis, producer prices advanced by 1.1% in April.
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