Inflation ( CCPI)-0.8% (Oct 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.30%
12M T-Bill Rate9.78%
2Y T-Bond Rate10.25%/ 10.35%
4Y T-Bond Rate11.20% / 11.30%
USD/LKR290/291
Reserves $6.47Bn (Oct 2024)
Cum. Trade Deficit $4,218 Mn (Sep 2024 cumulative)
Cum. Fiscal DeficitLKR 910Bn (Aug 2024 cumulative)

Construction record 15.5% growth in 2Q 2024 from low base in 2Q 2023

ConstructionSep 14, 2024
Construction record 15.5% growth in 2Q 2024 from low base in 2Q 2023

The construction sector is vital to Sri Lanka's GDP, contributing a significant portion to the economy. After a sharp 26% contraction in the second quarter of 2023, the industry has rebounded with 15.5% growth. This recovery highlights the sector's importance in stabilizing the overall economy and supporting future growth.

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