Inflation, NCPI (national, year-on-year)

How much prices rose across the whole country compared with the same month last year.

Watch
8.1%
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Source: Department of Census and Statistics (Sri Lanka) · As of Sep 2026 · View source

Year range 2016 – 2026

Chart of Inflation, NCPI (national, year-on-year) over time. -0.7% (Jan 2016) → 8.1% (Sep 2026).

Table
Period%
Jan 2016 -0.7
Feb 2016 1.7
Mar 2016 2.2
Apr 2016 4.3
May 2016 5.3
Jun 2016 6.4
Jul 2016 5.8
Aug 2016 4.5
Sep 2016 4.7
Oct 2016 5.0
Nov 2016 4.1
Dec 2016 4.2
Jan 2017 6.5
Feb 2017 8.2
Mar 2017 8.6
Apr 2017 8.4
May 2017 7.1
Jun 2017 6.3
Jul 2017 6.2
Aug 2017 7.9
Sep 2017 8.6
Oct 2017 8.8
Nov 2017 8.4
Dec 2017 7.3
Jan 2018 5.4
Feb 2018 3.2
Mar 2018 2.8
Apr 2018 1.6
May 2018 2.1
Jun 2018 2.5
Jul 2018 3.4
Aug 2018 2.5
Sep 2018 0.9
Oct 2018 0.1
Nov 2018 1.0
Dec 2018 0.4
Jan 2019 1.2
Feb 2019 2.4
Mar 2019 2.9
Apr 2019 3.6
May 2019 3.5
Jun 2019 2.1
Jul 2019 2.2
Aug 2019 3.4
Sep 2019 5.0
Oct 2019 5.6
Nov 2019 4.1
Dec 2019 6.2
Jan 2020 7.6
Feb 2020 8.1
Mar 2020 7.0
Apr 2020 5.9
May 2020 5.2
Jun 2020 6.3
Jul 2020 6.1
Aug 2020 6.2
Sep 2020 6.4
Oct 2020 5.5
Nov 2020 5.2
Dec 2020 4.6
Jan 2021 3.7
Feb 2021 4.2
Mar 2021 5.1
Apr 2021 5.5
May 2021 6.1
Jun 2021 6.1
Jul 2021 6.8
Aug 2021 6.7
Sep 2021 6.2
Oct 2021 8.3
Nov 2021 11.1
Dec 2021 14.0
Jan 2022 16.8
Feb 2022 17.3
Mar 2022 21.8
Apr 2022 34.5
May 2022 46.0
Jun 2022 58.7
Jul 2022 66.0
Aug 2022 69.4
Sep 2022 72.5
Oct 2022 68.7
Nov 2022 62.6
Dec 2022 56.9
Jan 2023 53.2
Feb 2023 53.6
Mar 2023 49.2
Apr 2023 33.6
May 2023 22.1
Jun 2023 10.8
Jul 2023 4.6
Aug 2023 2.1
Sep 2023 0.8
Oct 2023 1.0
Nov 2023 2.8
Dec 2023 4.2
May 2026 5.4
Jun 2026 6.5
Jul 2026 7.2
Aug 2026 8.1
Sep 2026 8.1
Sri Lanka's current situation

National inflation was 8.1% in Sep 2026. Current status: Watch. Healthy range: The Central Bank targets mid-single-digit inflation. 2–6% is Good, 6–10% Watch, above 10% (or below 0%) Concern.

What is it?

The National Consumer Price Index (NCPI) tracks the prices of everyday goods and services in all provinces, not just Colombo. Inflation is the change in the index over 12 months: (index now − index a year ago) ÷ index a year ago × 100.

A simple example

If a basket of goods cost Rs 1,000 across the country in September last year and Rs 1,081 now, NCPI inflation is 8.1%.

What happens when it is high

High inflation erodes what wages and savings can buy, hitting rural and poorer households hardest because food is a large share of their spending. The Central Bank usually responds by tightening policy.

What happens when it is low

Very low inflation or falling prices (deflation) can signal weak demand and make debts harder to repay in real terms.

What is a healthy range

The Central Bank targets mid-single-digit inflation. 2–6% is Good, 6–10% Watch, above 10% (or below 0%) Concern.

CBSL price-stability target band (mid-single digits).

What might happen next

Official projections

No data yet

Simple statistical trend

A simple statistical trend, not a prediction of what will happen. Forecasts are uncertain and are not financial advice.

Upside (lower inflation): stable energy prices, a steady rupee and good harvests. Downside: fuel or utility price rises, weather shocks to food supply. Not financial advice.

A simple statistical trend, not a prediction of what will happen. Forecasts are uncertain and are not financial advice.

For experts

The NCPI reflects the cost of living for the whole country, while the better-known CCPI covers Colombo only and is published first.

How we calculate this

Year-on-year change in the National Consumer Price Index (Department of Census & Statistics). Monthly, published about three weeks after the month ends.

Learn more