Inflation rate in Sri Lanka decreased to 3.8 percent in June of 2019, from 5.0 percent in the previous month. It was the smallest rate of inflation since January, as food & non-alcoholic beverages cost fell (-1.0 percent vs 0.8 percent in May) while prices went up at softer pace for non-food products (6.0 percent vs 6.8 percent). Among non-food, cost slowed for housing & utilities (3.3 percent vs 3.9 percent); transport (5.3 percent vs 9.3 percent); restaurants & hotels (7.7 percent vs 10 percent) and alcoholic beverages & tobacco (15.2 percent vs 15.5 percent). In contrast, prices advanced faster for clothing & footwear (8.4 percent vs 7.8 percent) and health (13.6 percent vs 12.5 percent) while inflation was steady for furniture & household equipment (at 6.4 percent). On a monthly basis, consumer prices went up 0.9 percent, easing from a 1.6 percent increase in May. Inflation Rate in Sri Lanka averaged 9.39 percent from 1986 until 2019, 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.

Inflation Rate in Sri Lanka is expected to be 5.20 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 4.40 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 6.00 percent in 2020, according to our econometric models.

Sri Lanka Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 10:30 AM Inflation Rate YoY 4.3% 4% 4.4%
2019-04-30 11:40 AM Inflation Rate YoY 4.5% 4.3% 4.5%
2019-05-31 10:00 AM Inflation Rate YoY 5.0% 4.5% 4.4%
2019-06-28 09:45 AM Inflation Rate YoY 3.8% 5.0% 5.2%
2019-07-31 10:00 AM Inflation Rate YoY 3.8%
2019-08-30 10:00 AM Inflation Rate YoY
2019-09-30 10:00 AM Inflation Rate YoY 4.4%


Sri Lanka Prices Last Previous Highest Lowest Unit
Inflation Rate 3.80 5.00 28.30 -0.90 percent [+]
Consumer Price Index CPI 130.20 129.00 130.20 6.40 Index Points [+]
Core Consumer Prices 134.40 134.20 134.40 47.70 Index Points [+]
Core Inflation Rate 5.80 6.20 12.76 2.13 percent [+]
GDP Deflator 149.82 143.59 197.42 100.00 Index Points [+]
Producer Prices 139.10 139.00 139.10 100.10 Index Points [+]
Export Prices 169.40 159.49 169.40 42.89 Index Points [+]
Import Prices 141.52 147.97 159.30 33.69 Index Points [+]
Inflation Rate Mom 0.90 1.60 5.19 -3.51 percent [+]
Producer Prices Change 4.50 4.10 20.30 -3.40 percent [+]
Cpi Housing Utilities 115.60 115.70 115.70 104.70 Index Points [+]
CPI Transportation 113.60 111.40 192.90 89.50 Index Points [+]
Food Inflation -1.00 0.80 14.40 -4.10 percent [+]


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). This page provides - Sri Lanka Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 5.00 28.30 -0.90 1986 - 2019 percent Monthly
2013=100




Country Last Previous
Argentina 57.30 May/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.40 May/19
China 2.70 Jun/19
Euro Area 1.20 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.80 Jun/19
Japan 0.70 May/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 May/19
United States 1.60 Jun/19


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