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 up 6.0 percent in September 2017
Tue, Nov 14, 2017, 12:19 pm SL Time, ColomboPage News Desk, Sri Lanka.

Nov 14, 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 6.0 percent in September 2017 compared to the same month in 2016.

IIP reported for the month of September 2017 and 2016 were 107.7 and 101.6 respectively.

Among the manufacturing industries, volume of products of 'Fabricated Metal Products' increased by 26.1%, 'Basic metal products' 19.7%, and 'Printing and reproduction of recorded media' by 16.4% during the month of September, 2017 compared to that of September, 2016. The volume of food products has increased by 7.3%.

However, Volume of 'Furniture', 'Beverages' and 'Other manufacturing' reported decreases by 14.9%, 13.9% and 12.7% respectively during this period.

The industrial production of the manufacturing sector for the third quarter of 2017 has increased by 3.9% 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 ::
Premier Modi expresses disappointment in the delay in implementing Indian projects in Sri Lanka
-- [6 hours ago]
Sri Lanka mulls restrictions on fruit imports in future
-- [7 hours ago]
Scout movement should move forward with new technology and knowledge - President
-- [8 hours ago]
No director boards of any bank has been dissolved - Minister
-- [8 hours ago]
Sri Lankan leaders condole loss of lives in Indian rail tragedy
-- [9 hours ago]
Sri Lanka, India Prime Ministers discuss ways to deepen entire range of bilateral relations
Sri Lanka, Australia reaffirm commitment to combat transnational crime
Heavy Chemical industrial zone to arise from the defunct chemical factory site in Northern Sri Lanka
Education Ministry says will take legal action against misleading public with false claims on Suraksha Sisu Insurance
Thajudeen Case: Court orders to search former First Lady's charity vehicle for human remains

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.