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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Sri LankaSri Lanka Producer Price Index YoY climbed to 1.7% in April 2026
FMPMonthlyReleased May 2026
Sri Lanka Producer Price Index YoY climbed to 1.7% in April 2026, released May 2026, up 1.2% from March's 0.5% reading. The reading missed the 2.6% consensus by 0.9%. The print is running well above the 12-month average of 0.51%. Over the past 3 months, Producer Price Index YoY averaged 1.53%, vs 1.27% in the prior 3-month window. The reading is in the 86th percentile of the trailing 24-month range.
Latest Release
1.7
Actual
2.6
Consensus
0.5
Previous
Median Absolute Error
±0.41 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 2.65
Actual: 1.7
Error: +0.95
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.34 | FOREX | Bearish USD | → View |
| XAU/USD | ▼ Inverse | −0.29 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Sri Lanka) was reported at 1.7% in May 2026. This missed the market consensus of 2.6% by 0.9%. The reading rose from the previous value of 0.5%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 0.73%, ranging from -0.5% to 3% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 2.4%, up from the prior three at 0.27%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.41%.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Producer Price Index YoY - LK
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About Producer Price Index YoY — Sri Lanka
DEFINITION
Sri Lanka's Producer Price Index YoY rose to 1.7% in May, missing the 2.6% estimate but up from April's 0.5%. The increase signals a moderate acceleration in producer inflation compared to the prior month. Market focus remains on upcoming inflation data and central bank policy adjustments amid this gradual price pressure. Updated 5/29/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 1.7 %, consensus 2.6 %. Prior reading (Mar 2026): 0.5 %. Before that (Feb 2026): 1.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.