Inflation ( CCPI)50.6% (Feb 2023)
GDP-12.4% (4Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate25.99%
12M T-Bill Rate24.31%
5Y T-Bond Rate27.00%/ 27.25%
10Y T-Bond Rate22.00% / 23.00%
USD/LKR335/341
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Reserves $2.22Bn (Feb 2023)
Cum. Trade Deficit $449Mn (Feb 2023)
Cum. Fiscal DeficitLKR 1,601Bn (Nov 2022)

Construction

FeaturedMar 15, 2023

Construction sector plunged further , 37.2% (constant price) in 4Q 2022

The construction sector is one of the biggest contributors to the industry sector of Sri Lanka’s economy. It contributed close to 10% in 2019, which has fallen to 8% in 2022 after it fell by 37.2% in 4Q 2022. It is the fifth consecutive quarter that the construction is suffering.

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Mar 15, 2023

Construction sector plunged further , 37.2% (constant price) in 4Q 2022

Dec 15, 2022

Construction sector plunged for the fifth consecutive quarter

Sep 6, 2022

Contraction of the construction industry to create more multiple issues

Aug 18, 2022

Real estate prices have grew at lower phase in 1H 2022

Jul 6, 2022

Cost of construction shoot up in all categories

Mar 27, 2022

Sri Lanka investors are moving towards real estate assets in 4Q 2021

Nov 5, 2021

Sri Lanka residential land prices are growing in 3Q 2021

Sep 16, 2021

Construction grew by 18.2 pct and Real estate by 5.5 pct in 2Q 2021

Aug 10, 2021

Appreciation of land price accelerated in the first half of 2021

Jun 29, 2021

Most of the units in the completed condominiums and more than half of the units in on-going projects had sold - out

Jun 27, 2021

High end condominium sales back to pre-COVID19 level in 1Q 2021

Mar 18, 2021

Sri Lanka Construction sector back on growth territory in 4Q 2020

Feb 5, 2021

Sri Lanka real-estate prices are growning but slow phase

Dec 10, 2020

Sri Lanka residential Land prices rose in 3Q 2020

Nov 8, 2020

The growth of local cement production has turned positive since July for the first time in 2020

Aug 26, 2020

The growth of the Colombo land prices are falling for last one and half years

Aug 21, 2020

Land prices within Colombo City is recovering from one year long drought

May 4, 2020

Steel and Cements accounts more than 10 percent at construction activities in Sri Lanka

Feb 26, 2020

Sri Lanka Colombo real estate valuation slowdown in second half of 2019

Dec 12, 2019

The Cost of Construction is start raising in 1Q 2019

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