Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Nealy two million added to the internet subscriptions within a year, but growth slowed

OtherSep 1, 2022
Nealy two million added to the internet subscriptions within a year, but growth slowed

The telephone density that measures the Telephones per 100 persons fell in 2Q of 2022 to 145.6 from 148.7 in 1Q 2022. But the growth of the internet subscription has slowed down in 2Q 2022 to 9% compared with 15% growth in 1Q 2022 and the massive 55% growth in 2Q 2021.

The number of subscriptions jumped nearly 2 million within the last year, as the end of 2Q 2021 the subscription was 20.6 million and end of 2Q 2022 it turned to 22.5 million.


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