Inflation in Sri Lanka
Consumer price inflation in Sri Lanka averaged 8.7% in the ten years to 2022, well above the Asia-Pacific regional average of 2.1%. The 2022 average figure was 44.8%. For more inflation information, visit our dedicated page.
Sri Lanka Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Sri Lanka from 2024 to 2017.
Source: Macrobond.
Sri Lanka Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CCPI, ann. var. %, aop) | 4.6 | 5.9 | 44.8 | 17.4 | 1.2 |
| Inflation (CCPI, ann. var. %, eop) | 4.2 | 12.1 | 54.5 | 4.0 | -1.7 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Sri Lankan inflation projections for the next ten years from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Sri Lankan inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Sri Lankan inflation projections.
Want to get access to the full dataset of Sri Lankan inflation forecasts? Send an email to info@focus-economics.com.