The annual inflation rate in Sri Lanka went down to 5.2 percent in April 2020 from 5.4 percent in the previous month. It was the lowest inflation rate since December last year, as prices of non-food products slowed (2.1 percent vs 2.5 percent in March). In contrast, cost of food & non-alcoholic beverages rose further (13.2 percent vs 12.8 percent). On a monthly basis, consumer prices went up 0.1 percent, rebounding from a 0.9 percent fall in the prior month.

Inflation Rate in Sri Lanka averaged 9.28 percent from 1986 until 2020, 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 May of 2020. source: Central Bank of Sri Lanka

Inflation Rate in Sri Lanka is expected to be 2.50 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 4.70 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 4.70 percent in 2021 and 6.00 percent in 2022, according to our econometric models.

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Sri Lanka Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.40 28.30 -0.90 1986 - 2020 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2020-01-31 10:00 AM Jan 5.4% 4.8%
2020-02-28 09:45 AM Feb 6.2% 5.7% 6.3%
2020-03-31 10:00 AM Mar 5.4% 6.2% 6.9%
2020-04-30 10:00 AM Apr 5.2% 5.4% 4.6%
2020-05-29 10:00 AM May 5.2% 3.1%
2020-06-30 10:00 AM Jun 2.5%
2020-07-31 10:00 AM Jul
2020-08-31 10:00 AM Aug


News Stream
Sri Lanka Inflation Rate Falls to 5.2% in April
The annual inflation rate in Sri Lanka went down to 5.2 percent in April 2020 from 5.4 percent in the previous month. It was the lowest inflation rate since December last year, as prices of non-food products slowed (2.1 percent vs 2.5 percent in March). In contrast, cost of food & non-alcoholic beverages rose further (13.2 percent vs 12.8 percent). On a monthly basis, consumer prices went up 0.1 percent, rebounding from a 0.9 percent fall in the prior month.
2020-04-30
Sri Lanka March Inflation Rate at 4-Month Low of 5.4%
The inflation rate in Sri Lanka fell to 5.4 percent in March of 2020 from 6.2 percent in the previous month. It was the lowest inflation rate since last December, as prices slowed for food & non-alcoholic beverages (12.8 percent vs 14.7 percent in February) and non-food products (2.5 percent vs 2.8 percent). On a monthly basis, consumer prices went down 0.9 percent, after being flat in the previous month.
2020-03-31
Sri Lanka Inflation Rate Highest since 2017
Inflation rate in Sri Lanka increased to 6.2 percent in February of 2020, from 5.7 percent in the previous month. It was the highest rate of inflation since December of 2017, as food & non-alcoholic beverages prices rose sharply (14.7 percent vs 12.4 percent in December). Meantime, non-food products cost slowed (2.8 percent vs 2.9 percent). On a monthly basis, consumer prices showed no growth, after a 1.7 percent in January.
2020-02-28
Sri Lanka Inflation Rate at 3-Month High in January
Inflation rate in Sri Lanka increased to 5.4 percent in January of 2019, from 4.8 percent in the previous month. It was the highest rate of inflation since October, as food & non-alcoholic beverages prices rose sharply (11.7 percent vs 6.3 percent in December). Meantime, non-food products cost slowed (2.9 percent vs 4.3 percent), particularly housing & utilities (1.8 percent vs 2.5 percent) while prices advanced faster for transport (7.6 percent vs 4.4 percent) and restaurants & hotels (3.8 percent vs 2.9 percent). On a monthly basis, consumer prices went up 1.4 percent, after rising 0.5 percent in December.
2020-01-31

Sri Lanka Inflation Rate
In Sri Lanka, the Consumer Price Index (CPI) is composed of two main groups: Food items (41 percent) and Non-food items (59 percent). Food items are mainly composed of: bread and cereals (7.9 percent), fish and sea food (6 percent) and vegetables (5.7 percent). The most important non-food items are housing water, electricity, gas and other fuels (23.7 percent), transport (12.3 percent), and restaurants and hotels (5.8 percent).