CENTRAL BANK OF SRI LANKA

SELECTED WEEKLY
ECONOMIC INDICATORS
07 February 2014

Statistics Department
30, Janadhipathi Mawatha
Colombo 1

Tel.
E-mail

: (94 11) 2477579

: dst@cbsl.lk

Website : http://www.cbsl.gov.lk

SRI LANKA ECONOMIC INDICATORS

07.02.2014

Exchange Rates
(Rs Per Unit)
Commercial Bank Avg. Middle Rate (prevailing at 9.30a.m.)
US$
STG
Yen
Euro
INR(1)
SDR
( As at 06 February 2014 )

Week Ending

Week Ago

Year Ago

February 07

130.69
213.29
1.28
177.55
2.09
200.17

130.72
215.47
1.27
177.07
2.09
200.84

EXCHANGE RATES
(US$ and STG 2011-2012)

126.29
197.64
1.35
170.67
2.38
194.11

Central Bank purchases and sales of foreign exchange from

commercial banks at market rates (US$ Mn. )-total for Month

November
2013

Month Ago

Purchases
Sales

20.00
51.38

164.15
11.48

0.00
7.85

Week Ending

Week Ago

Year Ago

Month end

Daily
230
220
210
200
190
180
170
160
150
140
130
120
110
100

Year Ago

STG

US$

62.39

Average Daily Interbank Volume (US$ Mn.)

(spot, tom and cash transactions among commercial banks)
Forward Transactions

52.72

79.85
J J
2011

Jy

STG

US$

13

17

Last 4 Weeks

Forward Rates (US$) (2)

131.03
131.87
19.42
857.27

1 Month
3 Months
Average Daily Interbank Forward Volume (US$ mn)
Outstanding Forward Volume (US$ mn) (As at 06 February 2014)

127.10
129.18
26.18
929.86

131.14
131.83
24.33
898.11

In nominal terms the Rupee appreciated against the US$ , STG and SDR while depreciated against the Yen and Euro

(1) Central Bank indicative rate

(2) Weekly average based on actual transactions.

Interest Rates (%)

Week Ago

Year Ago

9.38
7.10
6.50
8.00
6.91

9.70
6.82
7.00
7.14
6.50
8.00
7.37

14.35
9.25
10.16
11.11
7.50
9.50
9.61

6.94
7.74
8.19
8.69
9.36
10.16

7.46
8.10
8.55
9.29
10.11
11.06

9.66
10.46
12.37
13.22
13.70
14.30

Week Ending

INTEREST RATES- Call

Money
(Minimum and Maximum)

February 07

Commercial Bank Average Weighted Prime Lending Rate (AWPR)

Treasury Bill Yield
- 91 days
(Excluding 10% withholding tax)
- 182 days
- 364 days
Standing Deposit Facility
Standing Lending Facility
Call Money Weekly Average (CMR)
Sri Lanka Inter Bank Offer Rate ( SLIBOR )
1 day
7 days
1 Month
3 Months
6 Months
12 Months
Saving Deposits - Commercial Banks
One Year Fixed Deposits -Commercial Banks

August 2013

Month Ago

Year Ago

0.75-9.00
6.00-16.00

0.75-11.00
5.00-16.00

0.75-10.50
5.25-15.50

January 2014

Month Ago

Year Ago

9.14

9.37

10.38

11.46

11.78

13.53

Max

8.90

11

8.70

10
9

8.30

8.10

8
Min

Dec 2013

Month Ago

Year Ago

15.18

15.37

15.98

August 2013

Month Ago

Year Ago

5.00
10.50

5.00
10.50

5.00
12.50

Saving Deposits - NSB

One Year Fixed Deposits - NSB

(05 Y & 06 Months)

(15 Years)

(20 Years)

10/01/2014

10/01/2014

29/10/2013

10.60
8.65

13.00
10.61

9.00
12.13

Ave

Min

7.90

Ave

7.70

7.50

6
J M
,12

J M
,13

13

17

Last 4 Weeks

INTEREST RATES
3 Month & 12 Month
Treasury Bills Yield

Weekly

Monthly

Commercial Bank Average Weighted Lending Rate (AWLR)

Weighted Average Yield(Excluding 10% withholding tax)

9.10

Max

8.50

Commercial Bank Average Weighted Deposit Rate (AWDR)

Commercial Bank Average Weighted Fixed Deposit Rate
(AWFDR)

Treasury Bonds Auction

Coupon rate

Daily

Monthly
12

14.0
13.5
13.0
12.5
12.0
11.5
11.0
10.5
10.0
9.5
9.0
8.5
8.0

11.6

12 Month
10.6

12 Month
9.6

8.6

3 Month

3 Month
7.6

J M S J M S
,12
,13

13

Last 4 Weeks

Call money rates remained between 6.40 and 7.50 per cent during the week.
*AWPR - Average for the month of January 2014 - 9.65
Bankwise- AWPR

Week ending

Week Ago

Bankwise- AWPR

07/02/2014
Bank of Ceylon
People's Bank
Hatton National Bank
Commercial Bank of Ceylon
Sampath Bank
Seylan Bank
Union Bank of Colombo
Pan Asia Banking Corporation
Nations Trust Bank
DFCC Vardhana Bank
NDB Bank
Amana Bank

12.76
11.40
8.88
8.87
9.50
10.62
11.86
10.75
9.08
11.42
8.09
11.24

Week ending

Week Ago

07/02/2014

12.46
11.40
9.25
9.56
9.10
11.30
10.47
10.75
9.47
11.42
8.20
11.25

HSBC
Standard Chartered Bank
Citi Bank
Deutsche Bank
Habib Bank
Indian Bank
Indian Overseas Bank
MCB Bank
State Bank of India
Public Bank
ICICI Bank
Axis Bank

9.55
9.96
8.62
9.82
8.29
11.15
11.96
11.95
12.26
13.09
10.52
-

10.08
9.94
10.83
9.78
8.60
11.37
11.96
11.32
12.26
13.09
10.88
-

Government Securities Market

Weekly Summary of Primary & Secondary Market Transactions
and Weighted Average Yield Rates
Item/ Week Ended
Item / Week Ended
WeekEnding
WeekEnding
Feb 05
Jan 29
Secondary Market
2014
2014
Rs.Mn
Rs.Mn
Weighted Average
Outstanding Stock of Government Securities
Yield Rates
T-bills
Treasury Bills
Outstanding
803,978
810,274
Purchased
o/w, amounts held by PDs
123,346
119,075
<= 91 days
T-bonds
Outstanding
2,983,794
2,989,688
<= 182 days
o/w, amounts held by PDs
28,282
29,465
<= 364 days
Government Securities held by Foregin Investors

497,459

481,886

12,000
46,886
15,446

15,000
45,019
27,821

Amount Offered
Total Bids Received
Total Bids Accepted

0
0
0

0
0
0

T-bonds

Latest Primary Issues

T- bills

Yield Rates
0.00%
6.82%
0.00%
7.00%
7.10%
7.14%

<= 91 days
< 182 days
< 364 days

T- bonds
<2year
2year
3year
4year
5year
6year
10 year
15 year
20 year

Last Issue
Last Issue
Last Issue
Last Issue
Last Issue
Last Issue
Last Issue
Last Issue
Last Issue

02/08/2012
12/08/2013
02/08/2012
16/01/2014
01/03/2013
01/04/2013
16/01/2014
01/11/2013

Secondary Market Activities

T- bills
Outright Transactions
Purchased
Sold
Repo Transactions
Repurchase
Reverse Repurchase
T- bonds
Outright Transactions
Purchased
Sold
Repo Transactions
Repurchase
Reverse Repurchase

0.00%
13.62%
10.87%
14.10%
8.65%
10.97%
11.80%
10.61%
12.13%

0.00%
13.62%
10.87%
14.10%
8.65%
10.97%
11.80%
10.61%
12.13%

Rs.Mn

Rs.Mn

15,576
16,943

4,557
15,422

20,327
1,471

23,542
3,691

10,619
11,160

26,802
35,694

111,196
10,305

119,997
11,266

WeekEnding
Jan 29
2014
After Tax

6.85%
7.05%
7.15%

6.95%
7.10%
7.20%

6.75%
6.95%
7.05%

6.85%
7.00%
7.10%

0.00%
8.10%
8.60%
9.30%
9.35%
0.00%
0.00%
0.00%

0.00%
8.50%
8.70%
9.20%
9.35%
0.00%
0.00%
0.00%

0.00%
8.00%
8.40%
9.20%
9.25%
0.00%
0.00%
0.00%
Secondary Market Yield

0.00%
8.35%
8.50%
9.12%
9.25%
0.00%
0.00%
0.00%

Sold

Primary Issues
Amount Offered
Total Bids Received
Total Bids Accepted

WeekEnding
Feb 05
2014
After Tax

<= 91 days
<= 182 days
<= 364 days
Treasury Bonds
Purchased
<= 1 year
<= 2 year
<= 3 year
<= 4 year
<= 5 year
<= 10 year
<= 15 year
>15 year
Sold
<= 1 year
<= 2 year
<= 3 year
<= 4 year
<= 5 year
<= 10 year
<= 15 year
>15 year
Yield (%)
12.5%
12.0%
11.5%
11.0%
10.5%
10.0%
9.5%
9.0%
8.5%
8.0%
7.5%
7.0%
6.5%

Month ago
week ago

05/02/2014

Maturity

Source :Primary Auctions & Primary Dealer Weekly Reporting System

Buying and Selling prices of Treasury Bonds

Quoted by Primary Dealers on 06/02/2014

96.85

9.27

10.60%2019A
08.00%2019A
08.00%2020A
06.20%2020A
09.00%2021A
08.00%2022A
11.20%2022A

6
8
8
10
8
10
9

01/07/2019
01/11/2019
01/06/2020
01/08/2020
01/05/2021
01/01/2022
01/07/2022

1971
2094
2307
2368
2641
2886
3067

105.01
93.70
93.33
82.24
94.30
88.54
107.28

9.39
9.44
9.42
9.98
10.13
10.14
9.90

105.60
94.24
93.78
83.12
95.24
89.29
108.32

9.26
9.31
9.32
9.77
9.93
9.99
9.73

09.00%2023A
07.00%2023A
11.40%2024A
09.00%2025A
09.00%2026A
05.35%2026A
09.00%2028B
09.00%2028A
13.00%2029A
08.00%2032A
09.00%2032A
09.00%2033A
13.25%2033A
09.00%2033B
13.25%2034A
09.00%2043A

10
20
10
12
13
15
15
15
15
20
20
20
20
20
20
30

01/09/2023
01/10/2023
01/01/2024
01/05/2025
01/02/2026
01/03/2026
01/05/2028
01/07/2028
01/01/2029
01/01/2032
01/10/2032
01/06/2033
01/07/2033
01/11/2033
01/01/2034
01/06/2043

3508
3538
4117
4116
4392
4420
5212
5273
5457
6552
6826
7069
7099
7222
7283
10721

80.89
81.42
104.97
64.84
87.31
76.41
84.09
-

10.15
10.05
10.58
10.58
10.75
11.05
11.00
-

82.22
82.76
106.23
65.73
89.65
78.00
86.21
-

9.90
9.80
10.38
10.40
10.40
10.80
10.70
-

9.00
8.00

Yield on Ave.
Selling Price

7.00
6.00

No: of days to Maturity

Month ago
Yield
12.50

Yield on Ave.
Buying Price

12.00

11.50
11.00
10.50

10.00
9.50

Yield on Ave.
Selling Price

9.00

8.50

No of days to Maturity

Year ago
Yield
12
11.5

Yield on Ave. Buying

Price

11
10.5

Yield on Ave.
Selling Price

10

9.5
2175

9.37

10.00

1886

96.45

11.00

943

1910

Yield on Ave. Buying

12.00

1445

01/05/2019

13.00

773

10

06/02/2014
Yield

1278

08.50%2019A

6.78
6.73
6.90
6.95
6.93
7.25
7.33
7.30
7.49
7.55
7.60
7.50
7.65
7.95
7.75
8.10
7.90
7.90
8.29
8.10
8.43
8.53
8.93
9.18
9.22
9.16
9.24
9.30
9.30

2
166
501
598
914
1081
1522
1750
2101
2893
3623
5205

23
54
115
159
237
343
402
494
524
541
572
591
633
785
846
907
938
968
1060
1074
1225
1255
1456
1515
1576
1620
1651
1743
1804

Treasury Bonds - Yield

Curves

Yield **

486

6.94
6.89
7.07
7.12
7.08
7.40
7.52
7.48
7.68
7.74
7.77
7.75
7.83
8.12
8.00
8.26
8.05
8.05
8.53
8.55
8.63
8.75
9.10
9.30
9.26
9.28
9.34
9.35
9.41

Average
Selling
Price *
100.00
100.70
99.88
101.81
101.28
99.06
104.58
98.59
98.66
104.76
104.91
107.46
101.33
98.63
100.50
96.24
100.22
96.46
99.25
94.08
98.74
91.99
98.57
97.69
97.46
97.64
93.69
95.06
85.80

Yield **

37
201
536
633
949
1116
1557
1785
2349
3536
4448

01/03/2014
01/04/2014
01/06/2014
15/07/2014
01/10/2014
15/01/2015
15/03/2015
15/06/2015
15/07/2015
01/08/2015
01/09/2015
20/09/2015
01/11/2015
01/04/2016
01/06/2016
01/08/2016
01/09/2016
01/10/2016
01/01/2017
15/01/2017
15/06/2017
15/07/2017
01/02/2018
01/04/2018
01/06/2018
15/07/2018
15/08/2018
15/11/2018
15/01/2019

Average
Buying
Price *
99.99
100.67
99.83
101.74
101.18
98.92
104.38
98.37
98.41
104.50
104.66
107.07
101.05
98.31
99.98
95.89
99.88
96.12
98.66
92.98
98.17
91.39
98.03
97.29
97.32
97.21
93.34
94.88
85.40

294

Date to
Maturity

Bond Series

182

Maturity
D/M/Y

07.00%2014A
11.75%2014B
06.60%2014B
11.25%2014A
09.00%2014A
06.20%2015A
11.75%2015A
06.20%2015B
06.50%2015A
11.00%2015A
11.00%2015B
12.50%2015A
08.50%2015A
07.25%2016A
08.00%2016B
06.40%2016A
08.00%2016A
06.40%2016B
08.00%2017A
05.80%2017A
08.00%2017B
05.80%2017B
08.50%2018A
08.50%2018C
08.50%2018D
08.50%2018B
07.50%2018A
08.00%2018A
05.65%2019A

Maturity
Period
(Years)
4
6
4
5
2
4
6
4
5
6
6
2
3
6
4
6
5
6
5
6
5
6
15
5
5
15
15
6
8

No. of Days to Maturity

Two way quotes for Treasury Bills

06/02/2014
Remaining Maturity

Average Buying
Price

Yield

Average
Selling
Price

Yield

Buying &
Selling Spread

1-7 Days
1 Month
2 Month
3 Month
4 Month
5 Month
6 Month
7 Month
8 Month
9 Month
10 Month
11 Month
12 Month

99.88
99.46
98.90
98.33
97.75
97.16
96.56
95.98
95.39
94.77
94.18
93.57
92.96

6.41
6.61
6.71
6.79
6.85
6.90
6.98
6.98
7.01
7.07
7.08
7.11
7.14

99.88
99.47
98.92
98.36
97.79
97.22
96.63
96.06
95.47
94.88
94.28
93.68
93.06

6.17
6.45
6.54
6.66
6.71
6.78
6.84
6.86
6.90
6.93
6.96
6.99
7.04

0.00
0.01
0.03
0.03
0.05
0.05
0.07
0.07
0.08
0.10
0.10
0.11
0.10

Money Market Activity - Volumes

Week Ending

( Rs. Mn )

06 Feb 2014

Inter - bank Call Money Turnover (a)

Central Bank Holdings (a)
Treasury bills

Week Ago

Year Ago

3,169

3,828

7,383

2,231

835

133,163

(a) Daily average for week

Open Market Operations

31.01.2014

03.02.2014

05.02.2014

06.02.2014

25.00
10.30
9.90
6.70

10.00
27.55
10.00
6.63

50.00
49.20
49.20
6.57

18.00
21.57
18.00
6.50

41.83
-

97.17
-

48.26
-

10.33
-

Repo Auction
Amount Offered (Rs. Bn)
Bids received (Rs. Bn)
Amount accepted (Rs. Bn)
Weighted Average Yield (% p.a.)
Standing Facilities (Volumes)
Standing Deposit Facility at 6.50% (Rs.Bn.)
Standing Lending Facility at 8.00% (Rs.Bn)

Credit Cards *

2013 (a)

2013

2012(b)

End August

End July

End Dec

Total Number of Active Cards

Local (accepted only locally)
Global (accepted globally)

938,621
36,973
901,648

933,772
37,326
896,446

891,170
39,963
851,207

Outstanding balance (Rs. Mn.)

Local (accepted only locally)
Global (accepted globally)

48,339
1,201
47,138

47,509
1,190
46,319

44,445
1,183
43,262

Rs. Bn.

Commercial Paper Issues

40

* Issued by Licensed Commercial Banks

35

(a) Provisional (b) Revised

2012

30

Commercial Paper Issues

(1)

Total Issues - Cummulative ( Rs. bn.)

2013

2013

2012

25

End August*

End July

End Dec

20

20.2

19.5

36.9

15

9.4

9.8

10.6

2013

10

Outstanding (as at end of the period )

( Rs.bn. )

5
0

* provisional
(1) Based on the information provided by Licensed Commercial Banks and Licensed Specialised Banks

Jy

Month

SHARE MARKET INDICES

Share Market

Week Ending

Week Ago

Year Ago

Month end

Daily

07 Feb 2014
6500

All Share Price Index (1985 = 100) (ASPI)

6,142

6,227

5,810

5500

S & P Sri Lanka 20 Index (S&P SL20)

3,369

3,445

3,244

7000

6000

5000

ASPI
ASPI

5000

4500
4000

Average Daily Turnover (Rs. Mn)

1,826

986

1,026

Market Capitalisation (Rs.Bn.)

2,564

2,600

2,232

3500

6000
L

S&P

4000

S&P

3000

3000
2500

The All Share Price Index decreased by 85 index points and the S & P Sri Lanka 20 Price index decreased by
76 index points.The Average Daily Turnover has increased by Rs.840 mn.

2000
J' 12A O DF'13A J A O

2000

9 13 17 21

Month

Money Supply
M1 (Rs. bn.)
M2 (Rs. bn.)
M2b (Rs. bn.)
Net Foreign Assets of the Banking System (Rs. bn.) (b)
Monetary Authorities (Rs. bn.)
Domestic Banking Units (DBUs) (Rs. bn.)

2013 (a)
November

Month Ago

Year Ago

454.4

481.3

430.0

2,997.7

3,002.4

2,529.8

3,363.1

3,362.5

2,880.7

-63.6

-51.2

-25.0

8.5

479.9

498.4

355.9

3.5

-195.1

-112.8

-1.5

-346.1

-354.5

-268.2

3,426.7

3,413.7

2,905.7

2,947.5

2,930.5

2,515.7

FCBUs (Rs. bn.)

Monetary Authorities (Rs. bn.)

2012

-197.4

Foreign currency Banking Units (FCBUs) (Rs. bn.)

Net Credit to Government (Rs. bn)

%
13.5

Net Domestic Assets of the Banking System (Rs. bn) (b)

DBUs (Rs. bn.)

MONEY SUPPLY M1
Annual Changes

479.2

483.2

390.0

1,325.5

1,329.0

1,055.0

127.8

128.1

330.0

1,012.2

589.3

192.4

188.8

135.6

308.0

326.8

261.1

DBUs (Rs. bn.)

124.5

123.2

72.4

FCBUs (Rs. bn.)

183.5

203.6

188.8

2,519.0

2,496.7

2,348.5

2,309.3

2,291.2

2,157.8

FCBUs (Rs. bn.)

209.7

205.6

190.7

20

Reserve Money (Rs. bn.)

472.0

466.9

476.9

19

FCBUs (Rs. bn.)

Credit to Corporations (Rs. bn)

Credit to the Private Sector (Rs. bn)

DBUs (Rs. bn.)

Jy

Month

1,005.4

DBUs (Rs. bn.)

2013

-6.5

MONEY SUPPLY M2
Annual Changes
24%
2012

23
22
21

18

Annual Change (%)

M1
M2
M2b
Net Foreign Assets of the Banking System (b)

13.1

1.3

18.5

21.9

18.2

16.7

18.3

18.1

-154.0

-112.2

-114.9

34.8

39.9

-2.7

Domestic Banking Units (DBUs)

-75.0

-53.1

-57.4

Foreign currency Banking Units (FCBUs)

-29.1

-40.2

-112.8

Net Domestic Assets of the Banking System (b)

Monetary Authorities

17.9

19.1

28.0

DBUs

17.2

17.5

22.3

FCBUs

22.9

29.8

82.2

Net Credit to Government

25.6

27.5

31.6

Monetary Authorities

-61.3

-60.0

52.5

DBUs

70.6

71.8

24.7

FCBUs

41.8

41.2

20.7

18.0

28.4

45.6

72.1
-2.8

76.0
10.3

5.0
71.0

7.3

7.4

20.7

DBUs

7.0

7.5

22.3

FCBUs

9.9
-1.0

6.8
-0.9

5.3
13.5

Credit to Corporations
DBUs
FCBUs

Credit to the Private Sector

Reserve Money

2013

17

5.7

16
J

Jy

Month

MONEY SUPPLY M2b

Annual Changes
%
24.0
22.0

2012

20.0

2013

18.0
16.0

14.0
J

Jy

Month

(a) Provisional (b) In relation to M2b

Rs.bn

WEEKLY CHANGE IN RESERVE

MONEY

550

2012

2013
500

450

D/1

S/3

O/4

A/2

Jy/1

400
A/3

1,200

M/4

487,720

Change

M/3

488,920

Week ago

J/1

Reserve Money (Rs.Mn.)

06 Feb 2014

F/2

Weekly change in Reserve Money

Week

Pettah Market
Week Ending
06/02/2014

Average Wholesale Prices

Rice
(Rs/Kg)
Samba
Kekulu (Red)
Beans
Cabbage
Carrots
Tomatoes
Pumpkins
Snake Gourd
Brinjals
Ash-Plantains
Red-Onions (Local)
Big-Onions (Local)
Potatoes (N'Eliya)
Dried Chilies (Imported)
Dhal (Indian)
Eggs (Red) (Each)
Coconut (Each)
Fish (Rs/Kg) *
Kelawalla
Balaya
Salaya
Paraw (Small)

RRs/Kg

Week Ago

Month
Ago

Rice - Kekulu

82

Year Ago
Annual Ave.

2012

2013

72
62

52
42

240
210
180
150
120
90
60
30

J/1

Jy/2

Rs/Kg

Samba
Sudu Kekulu
Raw Red
Nadu

67.50
61.13
56.00
62.25

69.32
61.00
56.40
61.60

Dambulla Market
Week Ending - 06/02/2014 (Rs/Kg)
Wholesale
Retail
Food Item
(Average)
(Average)

Rice
Samba
Kekulu (Red)

73.00
59.50

76.00
63.50

24.00
29.00
42.50
61.50
53.50
26.00

40.00
44.50
63.00
96.00
90.00
53.00

63.00
214.40
n.a
69.00
36.70

81.00
249.00
n.a
90.00
46.30

Vegetables

Pumpkins
Snake Gourd
Ash-Plantains
Beans
Carrots
Tomatoes
Other Foods
Potatoes (N'Eliya)
Dried Chilies(Imported)
Big-Onions (Local)
Red-Onions (Local)
Coconut (Each)

Month Ago

N/1

D/2

Potatoes
2012

75
35
J/1

F/2

M/3

A/4

J/1

Jy/2

A/3

S/4

N/1

D/2

Week
Rs/Kg

Kelewalla

505
435
365
295
225

2013
W
2012
J/1 F/2 M/3 A/4 J/1 Jy/2 A/3 S/4 N/1 D/2

Week

Rice - Kekulu

Rs/Kg
80.00
70.00
60.00
50.00
40.00

2013
2012
Week

Beans
2013

D/2

S/4

N/1

2012

A/3

Rs/Kg
350.00
300.00
250.00
200.00
150.00
100.00
50.00

Week
Rs/Kg

Potatoes
2012

2013

D/2

N/1

S/4

2009
A/3

170.00
150.00
130.00
110.00
90.00
70.00
50.00

Week

Kelawalla

D/2

S/4

N/1

2012

2013
A/3

Rs/Kg
650
550
450
350
250

Rs/Kg
Week Ago
Avg

S/4

115

Marandagahamula
Average Wholesale Price of Rice
Week Ending
07/02/2014

A/3

2013

155

* Prices collected from the Fisheries Trade Centre, Peliyagoda.

Item

D/2

195

J/1

477.31
341.76
179.04
505.60

A/4

Jy/2

602.00
302.00
138.00
524.00

M/3

Jy/2

580.00
280.00
130.00
500.00

F/2

Jy/2

400.00
300.00
90.00
450.00

J/1

A/4

70.46
59.60
134.42
92.88
133.46
99.81
57.60
80.77
85.58
84.23
182.38
127.22
117.31
219.71
148.85
13.89
43.98

N/1

2012

J/1

75.80
64.00
98.00
48.00
98.00
68.00
39.00
68.00
84.00
80.00
100.00
n.a.
110.00
220.00
144.00
14.00
50.00

S/4

Beans

J/1

78.00
65.00
80.00
40.00
80.00
60.00
30.00
60.00
80.00
80.00
80.00
n.a.
100.00
220.00
160.00
14.00
50.00

A/3

Week

Year Ago
Annual Ave.

80.00
68.00
100.00
40.00
100.00
80.00
40.00
80.00
80.00
80.00
100.00
n.a.
100.00
220.00
150.00
14.00
50.00

Jy/2

2013

M/3

Month
Ago

Rs/Kg

A/4

Average Retail Prices

Rice
(Rs/Kg)
Samba
Kekulu (Red)
Beans
Cabbage
Carrots
Tomatoes
Pumpkins
Snake Gourd
Brinjals
Ash-Plantains
Red-Onions (Local)
Big-Onions (Local)
Potatoes (N'Eliya)
Dried Chilies (Imported)
Dhal (Indian)
Eggs (Red) (Each)
Coconut (Each)
Fish (Rs/Kg) *
Kelawalla
Balaya
Salaya
Paraw (Small)

Week Ago

J/1

Week

M/3

Week Ending
06/02/2014

A/4

A/4

387.27
280.00
134.71
442.60

M/3

M/3

440.00
248.00
102.00
478.00

F/2

J/1

400.00
240.00
100.00
460.00

J/1

F/2

360.00
250.00
60.00
400.00

32

J/1

66.57
52.39
107.69
64.76
108.94
67.84
37.12
55.69
61.42
63.27
148.68
97.21
96.95
176.50
131.39
13.39
37.62

F/2

70.20
56.50
77.00
30.00
76.00
47.00
21.50
46.00
60.00
60.00
100.00
n.a.
85.00
183.00
133.40
13.50
41.50

J/1

71.00
56.50
60.00
30.00
60.00
40.00
20.00
40.00
60.00
60.00
65.00
n.a.
75.00
190.00
147.00
13.50
42.00

F/2

71.00
60.00
80.00
21.00
70.00
50.00
21.00
50.00
50.00
60.00
65.00
n.a.
77.50
190.00
143.00
13.50
42.00

Week

Year Ago

Narahenpita Economic Centre (Rs/Kg.)

69.05
59.29
52.37
60.70

62.64
52.03
49.55
53.71

Retail Prices
Item

Average
05/02/2014 Week Ago

Rice
Samba
Kekulu (Red)
Beans
Cabbage
Carrots
Tomatoes
Pumpkins
Snake Gourd
Brinjals
Ash-Plantains
Red-Onions (Imported)
Big-Onions (Imported)
Potatoes (Imported)
Dried Chilies (Imported)
Dhal (Indian)
Eggs (Red)(Each)
Coconut (Each)

75.33
59.33
83.33
63.33
100.00
76.67
60.00
100.00

75.33
59.33
90.00
60.00
96.67
60.00
60.00
93.33

83.33
100.00
n.a.
70.00
70.00
220.00
160.00
13.50
53.33

90.00
96.67
133.33
70.00
70.00
220.00
160.00
13.50
53.33

780.00
343.33
113.33
860.00

780.00
n.a.
100.00
660.00

Fish
Kelawalla
Balaya
Salaya
Paraw (Small)

Price Indices

January
2014

Colombo Consumers' Price Index (CCPI )

(2006 / 07 = 100)
Annual Average Change %
Year - on - Year Change %

177.5
6.5
4.4

Month Ago

Year Ago
PRICE CHANGES (CCPI )
Annual Average

176.5
6.9
4.7

170.0
8.1
9.8

12.0
2013
10.0
8.0

Core Inflation - ( CCPI )

(2006 / 07 = 100)
Annual Average Change %
Year - on - Year Change %

6.0

170.1
4.1
3.5

167.7
4.4
2.1

164.4
6.1
7.3

4.0

2012

2.0
J

Oct 2013 *

Wholesale Price Index (WPI)

(1974 = 100)
Annual Average Change %

4,931.6
10.5

Month Ago

4,886.7
10.7

Year Ago

Jy

Month

4,576.0
0.6

* Provisional

Wage rate Indices

Central Government Employees (1978 = 100) (b)

2013 (a)
Nov
5,654.3

2012
Nov
5,304.7

% Change

WAGE INDICES
(1978 = 100)
5600

6.6

Central Govt.

5200
4800
4400

Wages Boards

4000
3600
3200
2800

Months

Jy

13/J

2000

Jy

2400
12/J

(b) Non-executive officers and minor employees

7.3
0.0
44.0
24.9

Jy

3,662.8
4,434.2
2,402.1
1,851.8

11/J

(a) Provisional

3,928.8
4,434.9
3,459.1
2,313.2

10/J

Workers in Wages Boards Trades (1978 = 100)

Agriculture
Industry & Commerce
Services

Agriculture Production
Tea (Mn Kg)

2013*

2012

Jan - Nov

Jan - Nov

308.1

300.6

% Change

2.5

AGRICULTURAL
PRODUCTION-Tea

Mn.Kg.
350
300

Rubber (Mn Kg)

116.6

141.2

-17.4

250
2013

200

Jan - Oct

Coconuts (Mn Nuts)

2,131.1

Jan - Oct

2,537.9

150

-16.0

100

2012

50
0
J

* Provisional

Factory Industrial Production

Factory Industrial Production Index (FIPI) (a)

( 2010 = 100 )

2013 *
October

2012
October

115.6

108.0

Jy Au S

Month

% Change

7.1

* Provisional
(a) IPI based on ISIC Revision 4 Classification

2013 *
Jan - Sep
783.2
780.2
706.7
73.5
3.0

2012
Jan - Sep
774.3
759.9
678.1
81.8
14.4

Expenditure & Lending Minus Repayments (Rs.bn)

1,275.1
Current
920.0
Capital & Lending Minus Repayments
355.1
* Provisional
Total revenue & Grants increased by 1.2 per cent compared to the period of Jan - Sep 2012.
Total expenditure increased by 1.4 per cent compared to the period of Jan - Sep 2012.
2013 *
Month
Government Debt
End Sep
ago
Total domestic debt
Rs bn
3,828.8
3,835.6
of which
Treasury bills
719.0
771.4
Treasury bonds
2,421.5
2,449.1
Rupee loans
55.5
55.5

1,257.4
886.2
371.2

Government Finance
Revenue and Grants (Rs.bn)
Revenue (Rs.bn)
Tax
Non tax
Grants

Rs. bn.

GOVERNMENT REVENUE &

EXPENDITURE 2012

1600
1400
1200
1000

Expenditure
Expenditure

800
600
400
200

Revenue

0
Month

Year
ago
3,280.4

Rs. bn
4000

GOVERNMENT DEBT

3600
3200

2800

626.8
2,161.8
58.4

2400

2000
1600
1200

Total foreign debt

Rs bn

2,971.6

2,948.4

2,887.9

Total outstanding govt. debt

Rs bn

6,800.4

6,784.0

6,168.4

800
400
0

* Provisional

Total outstanding government debt increased by 13.3 per cent compared to end December 2012.

External Finance
External Assets
Total Reserves (b)

Workers' Remittances
Inflows
Outflows
Net

2012

End Dec

% Change

Rs.bn

EXTERNAL ASSETS

1300
Total

1100

Gross Official Reserves (b)

Workers' Remittances (c)
Inflows

2013 (a)

End Nov

US$ Mn
Rs Mn
US$ Mn
Rs Mn
US$ Mn
Rs Mn

US$ Mn
Rs Mn
US$ Mn
Rs Mn
US$ Mn
Rs Mn

8,282.4
1,086,673.9
6,879.6
902,635.9

8,358.2
1,062,825.1
6,878.2
874,630.2

2013 (a)

2012

November

November

599.3
78,556.4

491.3
64,032.4

2013 (a)

2012

Jan - Sep

Jan - Sep

4,922.3
632,552.8
529.8
68,013.4
4,392.5
564,539.4

4,418.7
561,536.8
468.4
59,316.3
3,950.2
502,220.5

-0.9
2.2
0.0
3.2
% Change

900
700
500
Gross Official

300
100

Month

22.0
22.7
% Change

PRIVATE REMITTANCES -Inflows

Rs.bn

11.4
12.6
13.1
14.7
11.2
12.4

(a) Provisional

800
700
600
500
400
300
200
100
0

2012

2011
J

(b) By end November 2013, the total level of foreign reserves were equivalent to 5.3 months
of imports and the gross official reserves were equivalent to 4.4 months of imports.
( c) Data on workers' remittances outflows are published on quarterly basis.

External Trade
Exports
Agricultural
Industrial
Mineral
Other
Imports
Consumer Goods
Intermediate Goods
Investment Goods
Other
Trade Balance

Rs. Mn

Exports
Agricultural
Industrial
Mineral
Other
Imports
Consumer Goods
Intermediate Goods
Investment Goods
Other
Trade Balance

US$ Mn

Rs. Mn

Rs. Mn

US$ Mn

US$ Mn

% Change

2013
Jan - Nov

2012
Jan - Nov

1,213,958
302,262
903,748
6,503
1,445
2,222,289
371,456
1,341,329
507,932
1,571
-1,008,330

1,133,745
269,811
856,152
6,647
1,135
2,246,813
350,145
1,361,908
531,419
3,341
-1,113,068

7.1
12.0
5.6
-2.2
27.3
-1.1
6.1
-1.5
-4.4
-53.0
9.4

9,400
2,339
7,000
50
11
17,231
2,880
10,397
3,942
12
-7,831

8,903
2,114
6,728
52
9
17,670
2,755
10,700
4,189
27
-8,768

5.6
10.6
4.1
-4.2
24.8
-2.5
4.5
-2.8
-5.9
-54.5
10.7

US$ Mn
11,000

J Jy A
Month

EXPORTS (Cumulative)

10,000
9,000

2012

8,000
7,000
6,000
5,000
4,000
3,000
2,000
2013

1,000
0
J

Jy

Month

US$ Mn

IMPORTS (Cumulative)

20,000
18,000

2012

16,000
14,000
12,000
10,000
8,000
6,000

2013

4,000
2,000
0
J

Jy

Month

Industrial Exports
Total Industrial Exports
Food, Beverages and Tobacco
Textiles and Apparel
Petroleum Products
Leather, Rubber etc
Other

Rs.Mn.

Total Industrial Exports

US$ Mn.

2013
Jan - Nov

903,748
27,664
523,658
51,050
111,255
190,121

2012
Jan - Nov

856,152
33,616
462,685
54,305
106,045
199,500

% Change
5.6
-17.7
13.2
-6.0
4.9
-4.7

INDUSTRIAL EXPORTS
(Cumulative)

US$ Mn.
8,000
7,000

2012

6,000
5,000
4,000

Food, Beverages and Tobacco

Textiles and Apparel
Petroleum Products
Leather, Rubber etc
Other

7,000
214
4,054
397
861
1,474

6,728
263
3,633
427
833
1,571

Trade Indices *

2013**

Month

(2010= 100 )

October

ago

Total Exports
Value
Quantity
Unit Value
Total Imports
Value
Quantity
Unit Value
Terms of Trade
* In US$ Terms
** Provisional

4.1
-18.7
11.6
-7.2
3.4
-6.2

3,000
2,000

2013

1,000
0
J

Tourist Arrivals
Earnings from Tourism

US$ Mn.
Rs.Mn.

Colombo Auction Price

Tea Prices

Wheat

TRADE INDICES- TERMS OF TRADE

(2010 = 100)

144.9
163.8
88.5

123.9
113.9
108.7

107.2
114.4
93.7

137.4
126.2
108.9
81.3

144.4
145.6
99.2
109.7

141.3
122.6
115.2
81.3

2013*
Jan - Nov

2012
Jan - Nov

% Change

1,120,675

883,353

26.9

1,119.6
144,524.9

905.3
115,295.5

23.7
25.4

2013

108

88

2012
68
J

Jy A
Month

TOURIST ARRIVALS
Cumulative

'000
1000
800
600
400
200
0

2013
2012
J

Jy

M
Month

International Commodity Prices

Crude Oil

Year ago

* Provisional

White Sugar

Jy

Month

Index

Tourism

Imports (C I F)
Rice

2013
November

2012
November

Rs./Kg

TEA PRICES (Imports)

% Change
500

2013

400

Rs / Kg
US$ / Kg

488.24
3.72

405.02
3.11

20.5
19.9

Rs. / MT
US$ / MT
Rs. / MT
US$ / MT
Rs./Barrel
US$ / Barrel
Rs. / MT
US$ / MT

94,541

96,537

721

741

64,750

77,378

494

594

14,471

14,577

-2.1
-2.6
-16.3
-16.8
-0.7
-1.3
1.0
0.5

110

112

42,298

41,863

323

321

300

2012

200
J

Jy

Month
RICE PRICES ('000 )

Rs(mn)/
120Kg

2013

100
80

2012

60
J

Jy

Month

CRUDE OIL PRICES

Rs/Brl
15,000
12,000
9,000
6,000
3,000
0

2013
J

2012
M

Jy

Month

10

Average Crude Oil Prices

2013
Spot Prices

109.21

94.71

January
February
February
February
February

117.13
117.12
118.09
118.06

Brent

130
110

90
70
WTI

50

Jan-13

Mar-13

Nov-12

Jul-12

Jan-12

Sep-12

30

Month/Date

2013

31
03
04
05
06

Crude Oil Prices

Mar-12

111.22
111.16
106.57
111.17
108.91
103.69
113.48
111.01
110.39
112.13

May-12

94.76
95.32
92.94
92.02
94.51
95.77
104.51
106.58
106.19
100.54
93.77
97.62

(US $/bbl)

Nov-11

113.95
117.39
109.63
103.40
103.04
103.16
108.62
112.94
113.63
109.88
108.10
111.37

(US$/bbl)(*)

(US $/bbl)

Jul-11

(US $/bbl)

Sep-11

(US $/bbl)

CPC Import

Brent(New York WTI (Europian

Prices (C&F)
closing price)
Market)

Jan-11

WTI (Europian
Market)

2014
Spot Prices

Mar-11

January
February
March
April
May
June
July
August
September
October
November
December

Brent(New York
closing price)

CPC Import
Prices (C&F)
(US$/bbl)(*)

May-11

Month

2014

97.65
96.21
96.68
96.44

109.46
107.85
108.34
108.36
109.70

97.55
97.24
96.44
97.40
97.84
A

Sources: Reuters
Energy Information Administration (Web Site)
Ceylon Petroleum Corporation

(*) CPC import prices are not directly comparable with spot prices of WTI and Brent due to: CPC prices include
freight charges; CPC price is weighted average price of different type of crude oil; Part of imports of CPC are on
term contract basis.

GDP by Industrial Origin at Constant (2002) Prices

2013*
rd

Growth Rate

3 Quarter

2012
3

rd

Quarter

2012

Real GDP
(Percentage change)

Annual
9

Agriculture
Industry
Services
GDP

7.0
8.1
7.9
7.8

-0.5
7.3
4.6
4.8

5.8
10.3
4.6
6.4

8
7

6
5
4

3
2

* Provisional

Source: Department of Census and Statistics

10' 10' 10' 10' 11' 11' 11' 11' 12' 12' 12' 12' 13'
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Year / Quater

Employment
Labour Force Participation rate
Unemployment rate

2013 (a)
1st Quarter

2012(a)(b)
2nd Quarter

54.2
4.4

54.2
4.6

51.5
3.9

31.5
26.2
42.3

28.2
26.9
44.9

2012 (a)
Annual

30.3
26.9
42.8

52.6
4.0

31.4
26.3
42.3

Unemployment Rate
Rate
20
18
16
14
12
10
5.9
8
5.3
6
5.7
4 6.2
2
0

5.0
5.4

4.9

4.3
4.5

4.2

3.9
3.9

4.6
4.0
3.9

4.4

1Q 09
2Q 09
3Q 09
4Q 09
1Q 10
2Q 10
3Q 10
4Q 10
1Q 11
2Q 11
3Q 11
2Q 12
3Q 12
4Q 12
1Q 13
2Q 13

Employed Persons by Sectors %

Agriculture
Industry
Services

2013 (a)
2nd Quarter

Source: Department of Census and Statistics

Year/Quarter

(a) The working age population consists of the household population aged 15 and above
(b) Quarterly Labour Force Survey for the 1st quarter of 2012, was not conducted by the Department of Census and Statistics.

The information contained in this issue is based on the Central Bank's own computations and data supplied
by other institutions.

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