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. source: Central Bank of Sri Lanka

Inflation Rate in Sri Lanka averaged 9.20 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 November of 2020.

Inflation Rate in Sri Lanka is expected to be 4.70 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 3.80 in 12 months time. In the long-term, the Sri Lanka Inflation Rate is projected to trend around 4.00 percent in 2021 and 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
4.00 4.00 28.30 -0.90 1986 - 2020 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-31 10:00 AM Jul 4.2% 3.9% 4.4%
2020-08-31 01:00 PM Aug 4.1% 4.2% 4.6%
2020-09-30 10:00 AM Sep 4% 4.1% 3.5%
2020-10-30 10:00 AM Oct 4% 4% 3.9%
2020-11-30 10:00 AM Nov 4% 3.6%
2020-12-31 10:00 AM Dec 3.4%
2021-01-31 10:00 AM Jan
2021-02-28 09:45 AM Feb
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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 Continues to Slow
The annual inflation rate in Sri Lanka slowed for the second month to 4 percent in September of 2020 from 4.1 percent in August. Inflation fell for food (11.5 percent vs 12.3 percent) but edged up for non-food products (0.9 percent vs 0.8 percent). On a monthly basis, consumer prices jumped 0.7 percent after a flat reading in August.
2020-09-30
Sri Lanka Inflation Rate Eases Slightly to 4.1%
The annual inflation rate in Sri Lanka edged down to 4.1 percent in August of 2020 from 4.2 percent in July. Inflation slowed for non-food products (0.8 percent vs 1.5 percent in July) while cost of food & non-alcoholic beverages accelerated (12.3 percent vs 10.9 percent). On a monthly basis, consumer prices were flat.
2020-08-31
Sri Lanka Inflation Rate Rises to 3-Month High of 4.2%
The annual inflation rate in Sri Lanka rose to 4.2 percent in July of 2020 from 3.9 percent in the previous month, the highest since April. Cost accelerated for both food & non-alcoholic beverages (10.9 percent vs 10 percent in June) and non-food products (1.5 percent vs 1.4 percent). On a monthly basis, consumer prices went up 0.1 percent, following a 0.8 percent rise in June.
2020-07-31

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).