Inflation Sri Lanka 2022

Average inflation: 49.3%

Current Inflation

Inflation is very high at 49.3%, far above the ECB target.

Peak and Trough

The highest inflation was in September at 72.5%. The lowest inflation was in January at 16.8%.

Highest month
September: 72.5%
Lowest month
January: 16.8%
Difference
55.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 59.9%. The lowest price increase was in Energy with an average of 18.8%.

Highest increase
Food: 59.9%
Lowest increase
Energy: 18.8%

Historical Context

Current inflation is 35.7% higher than the 5-year average of 13.6%. This approaches the highest level since records began (49.3% in 2022).

5-year average
13.6%
10-year average
9.4%
All-time high (2022)
49.3%
All-time low (2018)
2.2%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +42.3 percentage point.

Change vs. previous year
+42.3 percentage points
Largest monthly swing
September: +66.3 percentage points

ECB Target

Inflation is 47.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €149.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Month overview

Month Inflation Difference vs. 2021
January 16.8% +13.1
February 17.3% +13.1
March 21.8% +16.7
April 34.5% +29.0
May 46.0% +39.9
June 58.7% +52.6
July 66.0% +59.2
August 69.4% +62.7
September 72.5% +66.3
October 68.7% +60.4
November 62.6% +51.5
December 56.9% +42.9
Average 49.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also