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

Leading News from Sri Lanka::

* Sri Lanka's industrial production index increases 0.3% in June 2017
Sat, Aug 12, 2017, 11:49 am SL Time, ColomboPage News Desk, Sri Lanka.

Aug 12, 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 0.3 percent in June 2017 compared to the same month in 2016.

Among the manufacturing industries, volume of 'Basic pharmaceutical products' increased by 19.5%, 'Basic metal products' by 14.0% and 'Fabricated Metal Products' by 12.7% during the month of June, 2017 compared to that of June, 2016 while the volume of food products has increased by 2.3%.

However, the volume of 'Coke and refined petroleum product', 'Chemical and Chemical products' and 'Beverages' reported decreases by 29.6%, 12.1% and 9.2% respectively during this period.

The industrial production of the manufacturing sector for the second quarter of 2017 has increased by 1.4% compared to the same quarter in 2016.

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 ::
President instructs to release report of PRECIFAC online
-- [14 minutes ago]
Singapore and Sri Lanka sign free trade agreement deepening economic ties
-- [53 minutes ago]
Reports of Bond Commission and PRECIFAC tabled in Parliament
-- [1 hour and 17 minutes ago]
Ten-year plan to address shortcomings in Colombo - PM
-- [7 hours ago]
Uva CM surrenders to police over the principal kneeling incident
-- [8 hours ago]
Five new envoys to Sri Lanka present credentials to President
-- [8 hours ago]
Sri Lanka President seeks support of PM to punish the perpetrators of Central Bank bond scam
-- [9 hours ago]
Amended fisheries act to impose hefty fines on foreign boats illegally entering Sri Lankan territorial waters
SriLankan Airlines achieves highest ever monthly revenue in December 2017
Research study uses sounds of disturbed honey bees to scare away Sri Lankan elephants

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, 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 LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.