Sri Lanka inflation rate for 2023 was 16.54%, a 33.18% decline from 2022.
Sri Lanka inflation rate for 2022 was 49.72%, a 42.71% increase from 2021.
Sri Lanka inflation rate for 2021 was 7.01%, a 0.86% increase from 2020.
Sri Lanka inflation rate for 2020 was 6.15%, a 2.63% increase from 2019.
Inflation as measured by the consumer price index 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. The Laspeyres formula is generally used.
