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%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Contruction PMI reached neutral level after more than one and half years

ConstructionDec 6, 2023
Contruction PMI reached neutral level after more than one and half years

The activities of the construction sector have moved to a neutral level (50) after suffering massive setbacks for more than one and a half years. Recommnsed of government-funded projects, that were suspended have positively impact the industry.

However, the industry operates with a low level of available work since most of the ongoing projects are in their final stages.

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