According to an economist, Sri Lanka’s inflation has dropped to 19th place in the world. An economics Guru at the Johns Hopkins University in USA, Steve Hanke has estimated that Sri Lanka’s true inflation in February is 31%. Hanke annual inflation rates are implied using PPP from free and black market exchange rate data. According to the inflation dashboard, Venezuela ranked in top of the chart. Zimbabwe’s inflation is dropping and listed at 2nd place. According to Central Bank stats, Sri Lanka’s inflation in February is 53.60%.
In 2022 March, Sri Lanka’s inflation was the 2nd highest in the world according to the Steve Hanke’s inflation chart. It was estimated that Sri Lanka’s true inflation in 2022 March was 132%.