Annual inflation rate in Sri Lanka went up to 3.3 percent in February of 2021 from 3.0 percent in January. Prices increased at a faster pace for food (7.9 percent vs 6.8 percent), mainly due to vegetables, while prices eased for non-food (1.3 percent vs 1.4 percent), on lower costs of education and recreation & culture. On a monthly basis, consumer prices edged up 0.3 percent, following a 0.5 percent increase in the prior month. The 12-month moving average stood at 4.1 percent. source: Central Bank of Sri Lanka
Inflation Rate in Sri Lanka averaged 9.15 percent from 1986 until 2021, 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. This page provides - Sri Lanka Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
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 4.00 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 4.50 percent in 2022, according to our econometric models.