Average inflation measured by CPI reached 4.30 % in 2019 in Sri Lanka, according to the National Statistical Office. This is 0.773 % more than in the previous year.
Historically, average inflation measured by CPI in Sri Lanka reached an all time high of 26.1 % in 1980 and an all time low of -1.54 % in 1960. When compared to Sri Lanka's main peers, average inflation measured by CPI in India amounted to 4.76 %, 0.663 % in Malaysia, 1.31 % in Maldives and 8.63 % in Myanmar in 2019.
Sri Lanka has been ranked 47th within the group of 175 countries we follow in terms of average inflation measured by CPI, 39 places above the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.