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.

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Sri Lanka Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.00 28.30 -0.90 1986 - 2021 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-30 09:30 AM Nov 4.1% 4% 3.6%
2020-12-31 10:00 AM Dec 4.2% 4.1% 4.7%
2021-01-29 09:30 AM Jan 3% 4.2% 3.2%
2021-02-25 10:00 AM Feb 3.3% 3% 3.7%
2021-03-31 10:00 AM Mar 3.3%
2021-04-30 10:00 AM Apr
2021-05-31 10:00 AM May
2021-06-30 10:00 AM Jun


News Stream
Sri Lanka Consumer Prices Up 3.3% in February
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.
2021-02-25
Sri Lanka Inflation at 2-Year Low
Annual inflation rate in Sri Lanka decelerated to 3 percent in January of 2021 from 4.2 percent in December of last year. Price increased at a slower pace for food (6.8 percent vs 9.2 percent) and non-food (1.4 percent vs 2 percent), namely transport, clothing and footwear, recreation and culture, and restaurants and hotels. On a monthly basis, consumer prices went up 0.5 percent. The 12-month moving average stood at 4.3 percent
2021-01-29
Sri Lanka Inflation Rate Inches Up to 4.1%
Annual inflation rate in Sri Lanka edged up to 4.1 percent in November of 2020 from 4 percent in October. Prices increased faster for food (10.3 percent vs 10 percent) and non-food (1.6 percent vs 1.3 percent), namely housing and utilities, clothing and footwear, education and restaurants and hotels. On a monthly basis, consumer prices went up 0.4 percent.
2020-11-30
Sri Lanka Inflation Rate Unchanged at 4%
The inflation rate in Sri Lanka was unchanged at 4 percent in October of 2020, the same as in September. Food inflation slowed to 10 percent from 11.5 percent, reaching a 5-month low. In contrast, non-food cost increased 1.3 percent, after a 0.9 percent rise in September. On a monthly basis, consumer prices edged up 0.1 percent, after a 0.7 percent rise in September.
2020-10-30

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).