Producer prices in Sri Lanka soared by 52.5% year-on-year in April of 2022, following an upwardly revised 35.3% rise in the previous month. It was the highest producer inflation since at least January of 2015, as prices accelerated for both manufacturing (58.9% vs 39.3% in March) and agriculture (35.4% vs 31.9%). Within manufacturing activities, prices rose the most for basic metals (117.6% vs 51.1%), other non-metallic mineral products (107.8% vs 65.7%), chemicals and chemical products (98.8% vs 70.7%), textiles (93.3% vs 81.2%) and food (83.5% vs 51.8%). On the other hand, costs declined for utilities (-2.8% vs 2%). On a monthly basis, producer prices jumped by 15.2%, after increasing 15.1% in the previous month. source: Department of Census and Statistics - Sri Lanka
Producer Prices Change in Sri Lanka averaged 8.03 percent from 2015 until 2022, reaching an all time high of 52.50 percent in April of 2022 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 June of 2022.
Producer Prices Change in Sri Lanka is expected to be 16.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Producer Prices Change is projected to trend around 20.00 percent in 2023, according to our econometric models.