Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.66%
12M T-Bill Rate9.02%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.45% / 10.55%
USD/LKR291/292
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

Downfall of the construction industry slowdown in 2Q 2023

ConstructionSep 17, 2023
Downfall of the construction industry slowdown in 2Q 2023

Badly hit construction sector is still under performing as it contracted by 23% in 2Q 2023. Contribution of the sector to the overall economy has fallen from 9.5% to 6.5% due to massive contraction took place during the last few quarters.

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