What is Sri Lanka inflation rate?

Sri Lanka's key inflation rate eased for the fourth straight month to 54.2 percent in January of 2023, the lowest since May of 2022, compared to 57.2 percent in December of 2022. Core inflation, which excludes volatile items, dropped to 45.6 percent from 47.7 percent in the previous month.

What is the highest inflation rate in Sri Lanka?

Inflation in Sri Lanka hits record 73.7 percent | Business and Economy News | Al Jazeera.

What is the expected inflation in Sri Lanka in 2023?

The core inflation (Y-o-Y), which reflects the underlying inflation in the economy, decreased to 45.6% in January 2023 from 47.7% in December 2022, whereas annual average core inflation increased to 37.6% in January 2023 from 34.6% in December 2022.

What is India's inflation rate 2022?

The rate of inflation based on WPI Food Index increased from 0.65% in December, 2022 to 2.95% in January, 2023.

What is Pakistan's inflation rate?

Pakistan inflation rate accelerated to 27.6% in January of 2023 from 24.5% in December. It was the highest reading since May of 1975, as thousands of containers of food items, raw materials and equipment are stuck in ports after the cash-strapped government curtailed imports.

Soaring Inflation, Mismanaged Debt

What is the inflation rate in China?

In January 2023, the monthly inflation rate in China ranged at 2.1 percent compared to the same month in the previous year. Inflation peaked at 2.8 percent in September 2022, but has slightly eased recently. The annual average inflation rate in China ranged at 2.0 percent in 2022.

What is India's inflation rate?

Average Inflation Rate in India

In 2022, CPI hit the highest of 7.79% in Apr, and WPI reached 15.88% in May. Compared to inflation in Jan. 2020, CPI is down 1.09%, whereas WPI is up 1.72%.

What is the highest inflation rate in history?

The highest inflation rate in U.S. history

Inflation peaked at nearly 30% in 1778.

Is Sri Lanka suffering from inflation?

Sri Lanka is among the 10 countries around the world with the highest food inflation.

What country is inflation hitting the hardest?

What is the rate of inflation in the US?

The annual inflation rate for the United States is 6.5% for the 12 months ended December 2022 after rising 7.1% previously, according to U.S. Labor Department data published Jan. 12. The next inflation update is scheduled for release on Feb. 14, 2023, at 8:30 a.m. ET.

Who has the highest inflation rate in the world in 2022?

Double-Digit Inflation in 2022

Globally, Zimbabwe, Lebanon, and Venezuela have the highest rates in the world.

Which country has the highest inflation rate in Asia 2022?

As of September 2022, Sri Lanka had by far the highest inflation rate in the Asia-Pacific region at 69.8 percent. Laos followed with 34 percent. In contrast, Macao had an inflation rate of 1.12 percent as of September 2022.

Which country has the lowest inflation rate 2022?

Of the major developed and emerging economies, China was the country with the lowest inflation rate in October 2022, with 2.1 percent (compared to the same month of the previous year).

What is the Canadian inflation rate today?

Basic Info. Canada Inflation Rate is at 6.32%, compared to 6.80% last month and 4.80% last year. This is higher than the long term average of 3.14%.

What is the UK inflation rate?

Consumer price inflation, UK: January 2023

The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 8.8% in the 12 months to January 2023, down from 9.2% in December 2022.

What country has crazy inflation?

The July 2018 inflation rate in Zimbabwe was officially 4.3% (up from 2.9% in June). In June 2019, the official inflation rate was 97.9%. In 2022, it was reported that the inflation rate quickened to 96.4% in April, from 60.6% in January. Zimbabwe's government ordered banks to stop lending with immediate effect.

Who benefits from inflation?

Collectors. Historically, collectibles like fine art, wine, or baseball cards can benefit from inflationary periods as the dollar loses purchasing power. During high inflation, investors often turn to hard assets that are more likely to retain their value through market volatility.

What is the Russian inflation rate?

The annual inflation rate in Russia edged down to 11.8 percent in January of 2023 from 11.9 percent in December, missing market expectations of 11.5 percent. Still, it is the ninth consecutive month of a slowdown in inflation to its lowest since February last year.

What is Japan's inflation rate?

Japan Inflation Rate is at 4.00%, compared to 3.80% last month and 0.80% last year. This is higher than the long term average of 2.41%.

What is the inflation rate in Australia?

When will inflation peak? The Reserve Bank of Australia, or the RBA, says inflation is forecast to peak at around 8% in 2022 before dropping in 2023. It is currently at 7.8%.

What is Brazil's inflation rate?

Brazil's consumer price inflation rate stood at 5.77 percent year-on-year in January 2023, little-changed from 5.79 percent in the previous month and slightly below market consensus of 5.80 percent.