Core consumer prices in Sri Lanka increased 6.20 percent in May of 2019 over the same month in the previous year. Core Inflation Rate in Sri Lanka averaged 6.63 percent from 2004 until 2019, reaching an all time high of 12.76 percent in September of 2008 and a record low of 2.13 percent in December of 2013.
Core Inflation Rate in Sri Lanka is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Sri Lanka to stand at 4.00 in 12 months time. In the long-term, the Sri Lanka Core Inflation Rate is projected to trend around 4.10 percent in 2020, according to our econometric models.