31.10.202509:59:59UTC+00Sri Lanka Producer Prices Fall 0.5% in September

Producer prices in Sri Lanka decreased by 0.5% year-on-year in September 2025, maintaining the same rate as the revised figure for August. This decline represents the third straight month of producer deflation, primarily driven by a more pronounced reduction in prices for agricultural products, which fell by 6% compared to a 1.6% decrease in August. This decline is largely attributed to reduced costs in perennial and non-perennial crops, as well as animal production. Additionally, there was a slowdown in price growth for manufacturing, which registered at 0.2% compared to 0.5% previously. This was largely due to ongoing deflation in sectors such as beverages, textiles, and coke and refined petroleum products, which countered more rapid increases in food product prices. Conversely, the costs for electricity, gas, steam, and air conditioning supply experienced a rebound, rising by 1.7% after a significant 5.1% decline in the previous period. On a month-to-month comparison, producer prices fell by 0.7%, marking the most substantial drop in four months, following a 0.6% increase in August.