Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka's industrial production index up 1.8 percent in April 2017
Tue, Jun 13, 2017, 04:54 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 13, Colombo: According to the monthly Index of industrial Production (IIP) released by the Census and Statistics Department, the volume of industrial production in Sri Lanka has increased by 1.8 percent in April 2017 compared to the same month in 2016.

Among the manufacturing industries; Volume of products of 'Furniture' (27.8%), 'Other non-metallic mineral products' (10.4%) and 'Fabricated Metal Product' (10.2%) have shown remarkable increases during the month of April, 2017 compared to that of April, 2016 while the volume of food products has increased by 0.1 %.

The manufacturing industries; Volume of 'Wood and products of wood' (22.3%) and 'Chemical and Chemical products' (9.8%) and 'Tobacco product' (8.6%) reported decreases during this period.

However, the Index of Industrial Production (IIP) declined to 98.7 in April from 109.5 in March 2017.

The IIP describes changes of the volume of goods and services produced over time. It is an important indicator of economic performance and its main purpose is to provide a measure of the short-term changes in the volume of industrial production over a given period of time. The IIP is based on year 2015 as 100 production.


ColomboPage - Recent 10 Stories ::
U.S. Embassy and Matara Chamber of Commerce launch American Innovation Hub
-- [43 minutes ago]
Court grants permission to former deputy minister Sarath Kumara Gunaratne to travel abroad
-- [54 minutes ago]
Sri Lanka, Pakistan to sign MoU on bilateral cooperation in foreign affairs during President's visit
-- [1 hour and 12 minutes ago]
Government decides to provide fertilizer to farmers instead of vouchers
-- [1 hour and 44 minutes ago]
CSE to host Global Reporting Initiative workshop on Sustainability Reporting and CSR
-- [3 hours ago]
Sri Lanka to amend Companies Act to comply with FATF on preventing money laundering and countering terrorism financing
-- [3 hours ago]
Japan to donate 8 fire engines to Sri Lanka's EPZs
-- [5 hours ago]
Sri Lanka assures to implement all transitional justice mechanisms in accordance with Constitution
UN regrets Sri Lanka's slow progress in establishing transitional justice mechanisms
Private investment is the key for economic growth, Sri Lanka Finance Minister emphasizes

Copyright © 2000, 2016 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.