CENTRAL BANK OF SRI LANKA

SELECTED WEEKLY
ECONOMIC INDICATORS
30 August 2013

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

30.08.2013

Exchange Rates
(Rs Per Unit)
Commercial Bank Avg. Middle Rate (prevailing at 9.30a.m.)
US$
STG
Yen
Euro
INR(1)
SDR
( As at 29 August 2013 )

Week Ending

Week Ago

Year Ago

August 30

133.35
206.83
1.36
176.53
2.00
201.65

132.05
205.73
1.33
176.16
2.05
200.08

Central Bank purchases and sales of foreign exchange from

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

June
2013

Month Ago

Purchases
Sales

65.00
59.68

20.00
0.00

325.00
38.38

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

45.52

Average Daily Interbank Volume (US$ Mn.)

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

EXCHANGE RATES
(US$ and STG 2011-2012)

132.32
209.27
1.68
166.17
2.37
201.26

44.49

STG

US$

37.91
J M
2011

J M
2012

STG

US$

J M
2013

13

17

Last 4 Weeks

Forward Rates (US$) (2)

1 Month
3 Months
Average Daily Interbank Forward Volume (US$ mn)
Outstanding Forward Volume (US$ mn) (As at 29 August 2013)

133.99
135.63
32.45
1,068.49

133.54
139.49
11.21
981.77

132.70
134.25
20.74
1,015.50

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

(1) Central Bank indicative rate

(2) Weekly average based on actual transactions.

Interest Rates (%)

Week Ending

Week Ago

Year Ago

11.83
9.65
10.55
7.00
9.00
8.67

13.84
11.36
13.02
13.27
7.75
9.75
10.55

INTEREST RATES- Call

Money
(Minimum and Maximum)

August 30

Commercial Bank Average Weighted Prime Lending Rate (AWPR)

Treasury Bill Yield
- 91 days
(Excluding 10% withholding tax)
- 182 days
- 364 days
Central Bank Overnight Repurchase Rate (Repo)
Central Bank Overnight Reverse Repurchase Rate
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

11.84
8.61
9.64
10.56
7.00
9.00
8.72
8.75
9.13
9.94
10.55
11.38
12.18

10.61
11.26
12.18
12.68
13.65
14.39

8.75
9.17
10.01
10.90
11.70
12.47

April 2013

Month Ago

Year Ago

0.75-11.00
5.00-16.25

0.75-10.50
5.00-16.00

0.75-9.00
5.74-14.50

August 2013

Month Ago

Year Ago

10.10

10.43

8.95

12.82

13.36

11.54

Max

9.60

11

9.40

Ave

9.20

10

Month Ago

Year Ago

8.80

8.60

Min

Ave

8.40

Min

8.20
8.00

6
J ,12

J ,13

July 2013

15.93
April 2013

Saving Deposits - NSB

One Year Fixed Deposits - NSB

16.14

15.02

Month Ago

Year Ago

5.00
12.50

5.00
9.50

5.00
12.50
(03 Y & 05 Months)

(14 Y & 09 Months)

(29 Y & 10 Months)

07/08/2013

30/07/2013

30/07/2013

5.80
10.87

9.00
12.10

9.00
12.50

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)

9.80

Max

9.00

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
12 Month
13.5
13.0
12.5
12.0
11.5
11.0
10.5
10.0
3 Month
9.5
9.0
8.5
8.0
J ,12 M
S J ,13

11.6

12 Month

10.6

9.6

3 Month

8.6
1

13

Last 4 Weeks

Call money rates remained between 8.65 and 8.75 per cent during the week.
*AWPR - Average for the month of August 2013 - 11.86
Bankwise- AWPR

Week ending

Week Ago

Bankwise- AWPR

30/08/2013
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

13.09
12.00
11.77
11.55
11.67
13.34
14.58
12.50
11.63
13.58
11.77
13.45

Week ending

Week Ago

30/08/2013

13.12
12.00
11.82
11.44
11.99
13.82
15.22
12.50
12.07
13.58
11.95
13.95

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

11.81
11.43
11.55
12.80
10.50
13.38
16.00
13.25
14.23
14.41
11.68
-

11.76
11.26
11.86
10.34
11.11
13.38
16.00
12.97
14.23
14.50
11.68
-

Government Securities Market

Weekly Summary of Primary & Secondary Market Transactions
and Weighted Average Yield Rates
Item/ Week Ended
Item / Week Ended
WeekEnding
WeekEnding
Aug 28
Aug 21
Secondary Market
2013
2013
Rs.Mn
Rs.Mn
Weighted Average
Outstanding Stock of Government Securities
Yield Rates
T-bills
Treasury Bills
Outstanding
843,181
839,996
Purchased
o/w, amounts held by PDs
90,866
90,740
<= 91 days
T-bonds
Outstanding
2,862,666
2,862,246
<= 182 days
o/w, amounts held by PDs
34,543
34,613
<= 364 days
Government Securities held by Foregin Investors

493,355

503,438

10,000
21,700
9,710

6,000
17,561
8,935

Amount Offered
Total Bids Received
Total Bids Accepted

0
0
0

0
0
0

T-bonds

Latest Primary Issues

T- bills

Yield Rates
8.61%
0.00%
9.64%
9.65%
10.56%
10.55%

<= 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
01/08/2013
01/03/2013
01/04/2013
01/08/2013
15/07/2013

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%
11.17%
10.97%
11.80%
12.10%
12.30%

0.00%
13.62%
10.87%
14.10%
11.17%
10.97%
11.80%
12.10%
12.30%

Rs.Mn

Rs.Mn

2,408
4,650

5,316
9,129

40,763
10,443

29,511
8,489

12,797
12,169

2,101
2,841

147,089
13,359

136,893
12,924

WeekEnding
Aug 21
2013
After Tax

8.70%
9.75%
10.65%

8.65%
9.70%
10.55%

8.60%
9.65%
10.55%

8.60%
9.65%
10.50%

0.00%
11.20%
11.35%
11.65%
11.85%
0.00%
0.00%
0.00%

0.00%
10.75%
11.00%
11.45%
11.47%
0.00%
0.00%
0.00%

0.00%
11.10%
11.25%
11.55%
11.80%
0.00%
0.00%
0.00%
Secondary Market Yield

0.00%
10.65%
10.90%
11.35%
11.40%
0.00%
0.00%
0.00%

Sold

Primary Issues
Amount Offered
Total Bids Received
Total Bids Accepted

WeekEnding
Aug 28
2013
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 (%)
15.5%
15.0%
14.5%
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%
7.5%

Month ago
week ago

28/08/2013

Maturity

Source :Primary Auctions & Primary Dealer Weekly Reporting System

Buying and Selling prices of Treasury Bonds

Quoted by Primary Dealers on 29/08/2013

11.58

07.50%2018A
08.00%2018A
05.65%2019A
08.50%2019A
08.00%2019A
08.00%2020A
06.20%2020A

15
6
8
10
8
8
10

15/08/2018
15/11/2018
15/01/2019
01/05/2019
01/11/2019
01/06/2020
01/08/2020

1812
1904
1965
2071
2255
2468
2529

84.43
85.68
76.03
86.47
83.45
83.02
74.02

11.72
11.74
11.79
11.83
11.85
11.70
11.79

84.76
86.18
76.69
87.08
84.38
83.75
74.67

11.63
11.60
11.59
11.67
11.61
11.52
11.62

09.00%2021A
08.00%2022A
09.00%2023A
07.00%2023A
09.00%2025A
09.00%2026A
05.35%2026A
09.00%2028B
09.00%2028A
08.00%2032A
09.00%2032A
09.00%2033A
09.00%2043A

8
10
10
20
12
13
15
15
15
20
20
20
30

01/05/2021
01/01/2022
01/09/2023
01/10/2023
01/05/2025
01/02/2026
01/03/2026
01/05/2028
01/07/2028
01/01/2032
01/10/2032
01/06/2033
01/06/2043

2802
3047
3655
3685
4263
4539
4567
5359
5420
6699
6973
7216
10868

85.51
79.89
84.19
71.42
81.65
79.16
56.72
77.80
78.75
69.02
73.35
74.75
72.15

11.93
11.86
11.73
11.95
11.95
12.32
12.18
12.30
12.12
12.28
12.75
12.46
12.60

86.25
81.12
85.10
72.47
82.99
81.19
57.86
79.98
79.96
70.89
75.90
75.91
73.91

11.76
11.59
11.55
11.72
11.71
11.94
11.92
11.92
11.91
11.94
12.30
12.26
12.30

10.50

10.00
9.50

Yield on Ave.
Selling Price

9.00
8.50

No: of days to Maturity

Month ago
Yield
12.00

Yield on Ave.
Buying Price

11.50

11.00
10.50

10.00

Yield on Ave.
Selling Price

9.50

9.00

No of days to Maturity

Year ago
Yield
14.5
14

Yield on Ave. Buying

Price

13.5
13
12.5

Yield on Ave.
Selling Price

12
11.5
11

2288

88.75

11.00

1711

11.72

11.50

1544

88.28

Yield on Ave. Buying

12.00

752

1781

12.50

1209

15/07/2018

13.00

560

15

29/08/2013
Yield

17
170
334
669
808
1113
1400
1751
1979
2543
3699
5373

08.50%2018B

8.63
8.85
9.40
9.04
10.30
10.41
10.33
10.50
10.40
10.45
10.75
10.86
10.75
10.94
10.93
10.95
10.75
11.03
10.96
11.11
10.97
11.14
11.26
11.18
11.20
11.26
11.34
11.56
11.34

25
134
285
574
772
1077
1291
1687
1882
2325
3117

3
37
64
84
156
184
215
276
320
398
504
563
655
685
702
733
794
946
1007
1068
1099
1129
1221
1235
1386
1416
1617
1676
1737

Treasury Bonds - Yield

Curves

Yield **

1039

8.89
9.04
9.79
9.32
10.50
10.56
10.50
10.67
10.59
10.67
10.89
11.03
10.89
11.11
11.11
11.11
10.90
11.18
11.16
11.24
11.17
11.29
11.39
11.33
11.35
11.41
11.57
11.67
11.49

Average
Selling
Price *
99.98
99.97
99.64
99.99
98.48
98.35
100.77
97.21
100.67
98.52
94.30
101.22
92.73
92.62
100.09
100.09
95.71
91.67
93.09
88.50
92.57
87.88
91.11
85.20
90.30
83.21
90.31
89.32
89.75

Yield **

52

01/09/2013
05/10/2013
01/11/2013
21/11/2013
01/02/2014
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
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

Average
Buying
Price *
99.98
99.95
99.57
99.93
98.39
98.28
100.67
97.09
100.52
98.31
94.13
100.98
92.52
92.36
99.80
99.81
95.44
91.35
92.65
88.20
92.10
87.53
90.76
84.83
89.88
82.80
89.59
88.94
89.26

448

Date to
Maturity

Bond Series

267

Maturity
D/M/Y

06.75%2013A
08.84%2013A
07.50%2013B
09.22%2013A
06.60%2014A
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
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

Maturity
Period
(Years)
3
2
10
2
2
4
6
4
5
2
4
6
4
5
6
6
3
6
4
6
5
6
5
6
5
6
15
5
5

No. of Days to Maturity

Two way quotes for Treasury Bills

29/08/2013
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

99.84
99.30
98.58
97.85
97.01
96.16
95.22
94.29
93.39
92.46
91.52
90.59
89.54

8.34
8.52
8.65
8.74
9.08
9.34
9.69
9.93
10.06
10.20
10.31
10.41
10.60

99.84
99.31
98.61
97.88
97.08
96.25
95.28
94.35
93.49
92.57
91.63
90.69
89.65

8.09
8.34
8.45
8.61
8.89
9.13
9.58
9.82
9.91
10.04
10.18
10.30
10.49

0.00
0.02
0.03
0.03
0.06
0.08
0.06
0.07
0.10
0.11
0.11
0.10
0.11

Money Market Activity - Volumes

Week Ending

( Rs. Mn )

29 Aug 2013

Inter - bank Call Money Turnover (a)

Central Bank Holdings (a)
Treasury bills

Week Ago

Year Ago

5,761

4,668

7,852

82,543

73,000

201,113

(a) Daily average for week

Open Market Operations

26.08.2013

27.08.2013

28.08.2013

29.08.2013

30.08.2013

2.00
2.91
2.00
7.34

10.00
15.18
10.00
7.34

3.03
-

2.55
0.16

2.62
-

3.16
0.33

19.24
-

Repo Auction
Amount Offered (Rs. Bn)
Bids received (Rs. Bn)
Amount accepted (Rs. Bn)
Weighted Average Yield (% p.a.)
Standing Facilities (Volumes)
Repo (Rs.Bn.)
Reverse Repo (Rs.Bn)

Credit Cards *

2013 (a)

2013(b)

2012

End April

End March

End Dec

Total Number of Active Cards

Local (accepted only locally)
Global (accepted globally)

930,213
38,352
891,861

926,649
38,601
888,048

952,256
60,049
892,207

Outstanding balance (Rs. Mn.)

Local (accepted only locally)
Global (accepted globally)

46,406
1,158
45,247

44,970
1,163
43,808

44,445
1,183
43,262

Rs. Bn.

Commercial Paper Issues

40

* Issued by Licensed Commercial Banks

35

(a) Provisional (b) Revised

30

Commercial Paper Issues (1)

Total Issues - Cummulative ( Rs. bn.)

2013

2013

2012

25

End April*

End March

End Dec

20

11.5

6.9

36.9

15

2012

2011

10

Outstanding (as at end of the period )

( Rs.bn. )

10.9

8.8

10.6

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

30 Aug 2013

Month end
6500

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

5,834

5,952

5,180

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

3,261

3,343

4,812

486

929

958

6000

5500
5000

ASPI

4500
4000

Average Daily Turnover (Rs. Mn)

3500

S&P

3000
2500

Market Capitalisation (Rs.Bn.)

2,403

2,451

1,981

The All Share Price Index and the S&P SL20 index have decreased by 118 and 82 index points respectively.
The Average Daily Turnover has decreased by Rs.443 mn.

2000
J' 12A O DF'13

Daily
6600
6300
6000
5700
L
5400
5100
4800
4500
4200
3900
3600
3300
3000

ASPI

S&P

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)

2013 (a)
July

Month Ago

Year Ago

444.8

444.0

437.9

2,875.6

2,843.8

2,410.2

MONEY SUPPLY M1
Annual Changes
%

3,225.5

3,169.8

2,770.9

13.5

-197.9

-169.0

-13.9

8.5

372.7

366.0

345.3

3.5

Domestic Banking Units (DBUs) (Rs. bn.)

-185.0

-172.4

-96.8

-1.5

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

-385.6

-362.6

-262.4

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

3,423.4

3,338.8

2,784.8

2,916.1

2,875.5

2,411.8

Monetary Authorities (Rs. bn.)

DBUs (Rs. bn.)

FCBUs (Rs. bn.)

507.3

463.3

373.0

1,259.1

998.8

Monetary Authorities (Rs. bn.)

196.5

233.2

295.5

DBUs (Rs. bn.)

943.4

883.3

559.0

FCBUs (Rs. bn.)

159.9

142.6

144.4

368.2

338.9

261.5

DBUs (Rs. bn.)

129.5

109.4

64.6

FCBUs (Rs. bn.)

238.6

229.5

196.9

2,461.4

2,433.0

2,270.6

2,251.8

2,242.3

2,067.2

FCBUs (Rs. bn.)

209.6

190.7

203.4

20

Reserve Money (Rs. bn.)

456.1

500.3

463.4

19

Credit to Corporations (Rs. bn)

Credit to the Private Sector (Rs. bn)

DBUs (Rs. bn.)

2013

-6.5

1,299.8

Net Credit to Government (Rs. bn)

2012

Jy

Month

MONEY SUPPLY M2
Annual Changes
24%
2012

23
22
21

18

Annual Change (%)

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

2.6

1.1

19.3

19.4

19.0

16.4

15.8

19.8

-1,321.0

-142.1

-104.3

7.9

10.4

-32.3

Domestic Banking Units (DBUs)

-91.1

-44.7

-22.7

Foreign currency Banking Units (FCBUs)

-46.9

-28.6

-145.8

Net Domestic Assets of the Banking System (b)

Monetary Authorities

22.9

19.0

40.1

DBUs

20.9

18.7

34.3

FCBUs

36.0

20.4

94.1

Net Credit to Government

30.1

24.6

36.6

Monetary Authorities

-33.5

-28.1

205.7

DBUs

68.8

57.6

12.8

FCBUs

10.7

13.4

3.9

40.8

23.0

82.4

100.5
21.2

35.9
17.6

-7.0
166.3

8.4

8.9

31.6

DBUs

8.9

9.8

33.9

FCBUs

3.1
-1.6

-1.4
9.3

12.7
12.2

Credit to Corporations
DBUs
FCBUs

Credit to the Private Sector

Reserve Money

2013

17

1.6

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
2012

550

2013
500

450

D/4

N/3

S/2

O/2

J/5

A/1

400
A/3

-2,510

M/4

472,690

Change

M/3

470,180

Week ago

J/1

Reserve Money (Rs.Mn.)

29 Aug 2013

F/2

Weekly change in Reserve Money

Week

Pettah Market
Week Ending
29/08/2013

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

Rs/Kg
240
210
180
150
120
90
60
30

M/4

J/5

Rs/Kg

Samba
Sudu Kekulu
Raw Red
Nadu

58.82
47.60
47.54
48.50

59.00
48.53
47.70
48.50

Dambulla Market
Week Ending - 29/08/2013 (Rs/Kg)
Wholesale
Retail
Food Item
(Average)
(Average)

Rice
Samba
Kekulu (Red)

63.50
48.00

68.00
52.50

50.50
36.50
41.50
90.00
65.00
36.00

66.50
51.00
60.50
135.00
101.50
69.00

92.50
176.50
103.30
130.00
36.50

110.00
216.00
120.00
171.00
42.50

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)

N/3

D/4

2012

75
35
J/1

F/2

M/3

A/4

M/4

J/5

A/1

S/2

O/2

N/3

D/4

Week
Rs/Kg

Kelewalla

505
435
365
295
225

2013
W
2012
J/1 F/2 M/3 A/4 M/4 J/5 A/1 S/2 O/2 N/3

Week

Rice - Kekulu

Rs/Kg
80.00
70.00
60.00
50.00
40.00

2013
2012
Week

Beans
2013

D/4

N/3

S/2

O/2

2012

J/5

Rs/Kg
350.00
300.00
250.00
200.00
150.00
100.00
50.00

Week

Potatoes
2013

2012
N/3
N/3

D/4

S/2

O/2

S/2

2009

O/2

Rs/Kg
150.00
130.00
110.00
90.00
70.00
50.00

Week

Kelawalla

Rs/Kg
650

2013

550
450

D/4

M/3

2012
J/1

350

Month Ago

O/2

115

Rs/Kg
Week Ago
Avg

S/2

Potatoes
2013

155

Marandagahamula
Average Wholesale Price of Rice
Week Ending
30/08/2013

D/4

195

* Prices collected from the Fisheries Trade Centre, Peliyagoda.

Item

A/1

A/1

508.53
367.06
152.20
527.35

A/4

J/5

482.00
282.00
214.00
530.00

M/3

A/1

460.00
280.00
150.00
520.00

F/2

J/5

280.00
260.00
120.00
480.00

J/1

A/1

69.75
57.90
126.73
77.12
126.63
96.25
61.15
82.50
86.54
67.55
114.23
70.68
114.13
213.04
137.50
10.70
33.72

N/3

2012

A/4

70.00
60.00
120.00
126.00
168.00
110.00
52.00
78.00
60.00
84.00
182.00
100.00
137.00
228.00
150.00
13.20
41.00

O/2

Beans

M/4

70.00
58.00
120.00
120.00
140.00
80.00
70.00
80.00
100.00
80.00
160.00
130.00
130.00
220.00
150.00
14.00
40.00

S/2

Week

Year Ago
Annual Ave.

70.00
58.00
130.00
100.00
120.00
90.00
60.00
80.00
90.00
70.00
160.00
130.00
130.00
220.00
150.00
14.00
40.00

A/1

2013

M/4

Month
Ago

J/5

Week

F/2

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

M/4

M/4

Week Ending
29/08/2013

A/4

M/3

396.15
278.80
112.08
424.10

M/3

A/4

360.00
228.00
166.00
480.00

F/2

M/3

400.00
220.00
100.00
480.00

J/1

A/4

230.00
200.00
100.00
420.00

32

J/1

65.58
50.63
103.35
51.15
104.91
71.00
40.97
56.91
61.86
46.79
86.75
57.32
94.95
176.66
117.81
10.32
27.97

F/2

65.50
52.30
95.00
94.00
139.00
80.00
34.00
52.00
38.50
64.00
142.00
85.00
117.00
167.20
136.50
12.70
34.50

J/1

64.00
50.00
90.00
90.00
110.00
60.00
60.00
50.00
70.00
60.00
135.00
115.00
105.00
165.00
130.00
13.50
33.50

F/2

64.00
50.00
100.00
70.00
90.00
60.00
35.00
50.00
70.00
50.00
140.00
112.50
112.50
167.00
128.00
13.50
36.50

Week

Year Ago

Narahenpita Economic Centre (Rs/Kg.)

61.54
49.23
48.00
53.06

68.41
56.29
52.35
58.45

Retail Prices
Item

Average
28/08/2013 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)

70.00
56.00
90.00
110.00
100.00
70.00
60.00
100.00

70.00
56.00
90.00
90.00
120.00
70.00
40.00
100.00

70.00
80.00
n.a
n.a
90.00
220.00
160.00
13.67
45.00

80.00
80.00
n.a
n.a
90.00
220.00
160.00
13.00
45.00

740.00
350.00
200.00
790.00

760.00
n.a
220.00
880.00

Fish
Kelawalla
Balaya
Salaya
Paraw (Small)

Price Indices

August
2013

Colombo Consumers' Price Index (CCPI )

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

176.2
8.0
6.3

Month Ago

Year Ago
PRICE CHANGES (CCPI )
Annual Average

176.8
8.3
6.1

165.7
6.3
9.5

12.0
2013
10.0

2012

8.0

Core Inflation - ( CCPI )

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

6.0

166.7
5.9
3.1

166.8
6.2
3.1

161.7
5.4
5.9

4.0
2.0
J

April 2013 *

Wholesale Price Index (WPI)

(1974 = 100)
Annual Average Change %

4,938.9
10.3

Month Ago

4,813.7
9.2

Year Ago

Jy

Month

4,476.5
1.0

* Provisional

Wage rate Indices

Central Government Employees (1978 = 100) (b)

2013 (a)
June
5,568.3

2012
June
5,304.7

% Change

WAGE INDICES
(1978 = 100)
5600

5.0

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

6.2
0.0
35.2
24.9

Jy

3,662.7
4,434.1
2,402.1
1,851.8

11/J

(a) Provisional

3,889.9
4,434.8
3,248.1
2,313.2

10/J

Workers in Wages Boards Trades (1978 = 100)

Agriculture
Industry & Commerce
Services

Agriculture Production
Tea (Mn Kg)

2013*

2012

Jan - June

Jan - June

172.6

164.2

% Change

5.1

AGRICULTURAL
PRODUCTION-Tea

Mn.Kg.
350
300

Rubber (Mn Kg)

62.5

82.5

-24.3

250
2013

200
150

Coconuts (Mn Nuts)

1,274.8

1,495.2

-14.7

100

2012

50
0
J

* Provisional

2013 *
June

Factory Industrial Production

Factory Industrial Production Index (FIPI) (a)

( 2010 = 100 )

109.2
Jan- Dec'11

Public Sector Major Industrial Output Index

(1997 = 100)

85.5

2012
June
112.3

Jy Au S

Month

% Change

-2.8

Jan- Dec'10

70.7

21.0

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

2013 *
2012
Jan - Apr Jan - Apr
314.8
328.7
314.0
326.6
289.8
297.5
24.2
29.1
0.9
2.1

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

Expenditure & Lending Minus Repayments (Rs.bn)

658.4
Current
471.4
Capital & Lending Minus Repayments
187.0
* Provisional
Total revenue & Grants decreased by 4.2 per cent compared to the period of Jan - Apr 2012.
Total expenditure increased by 7.2 per cent compared to the period of Jan - Apr 2012.
2013 *
Month
Government Debt
End April
ago
Total domestic debt
Rs bn
3,548.7
3,489.0
of which
Treasury bills
699.1
730.7
Treasury bonds
2,288.2
2,191.5
Rupee loans
55.5
58.4

614.3
460.6
153.6

Rs. bn.
1600
1500
1400
1300
1200
1100
1000
900
800
700
600
500
400
300
200
100
0

GOVERNMENT REVENUE &

EXPENDITURE 2012

Expenditure
Expenditure

Revenue

Month

Year
ago
3,121.1

Rs. bn
4000

GOVERNMENT DEBT

3600
3200

2800

718.3
1,934.5
58.4

2400

2000
1600
1200

Total foreign debt

Rs bn

2,805.4

2,833.5

2,733.2

Total outstanding govt. debt

Rs bn

6,354.1

6,322.6

5,854.3

800
400
0

* Provisional

Total outstanding government debt increased by 5.9 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 June

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

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

7,556.9
982,095.0
6,289.6
817,399.4

8,357.2
1,062,705.7
6,877.3
874,510.8

2013 (a)

2012 (a)

June

June

557.6
71,262.4

452.3
59,725.8

2012 (a)

2011

Jan - Dec

Jan - Dec

5,985.3
763,980.3
646.3
82,265.9
5,339.0
681,714.3

5,144.8
569,102.5
561.7
62,473.0
4,583.2
506,629.5

-9.6
-7.6
-8.5
-6.5
% Change

900
700
500
Gross Official

300
100

Month

23.3
19.3
% Change

PRIVATE REMITTANCES -Inflows

Rs.bn

16.3
34.2
15.1
31.7
16.5
34.6

(a) Provisional

800
700
600
500
400
300
200
100
0

2012

2011
J

(b) By end June 2013, the total level of foreign reserves were equivalent to 4.9 months
of imports and the gross official reserves were equivalent to 4.1 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

2013
Jan - June

2012
Jan - June

% Change

590,876
141,633
447,065
1,455
723
1,168,461
193,243
700,250
274,110
857
-577,585

605,756
142,394
459,093
3,630
638
1,212,534
201,658
728,799
280,172
1,905
-606,778

-2.5
-0.5
-2.6
-59.9
13.3
-3.6
-4.2
-3.9
-2.2
-55.0
4.8

4,661
1,117
3,527
11
6
9,218
1,525
5,523
2,163
7
-4,557

4,880
1,143
3,702
29
5
9,784
1,624
5,872
2,272
16
-4,904

-4.5
-2.3
-4.7
-60.4
10.1
-5.8
-6.1
-5.9
-4.8
-57.4
7.1

US$ Mn
11,000

J Jy A
Month

EXPORTS (Cumulative)

10,000
9,000
8,000

2012

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
16,000
2012

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 - June

447,065
13,123
253,677
28,981
54,115
97,168

2012
Jan - June

459,093
17,338
245,966
29,212
57,255
109,322

% Change
-2.6
-24.3
3.1
-0.8
-5.5
-11.1

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

3,527
104
2,001
229
427
767

3,702
139
1,982
236
461
884

Trade Indices *

2013**

Month

(2010= 100 )

May

ago

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

-4.7
-25.6
0.9
-3.0
-7.5
-13.2

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)

110.5
107.5
102.8

97.0
96.9
100.1

112.2
107.8
104.0

138.6
119.4
116.1
88.5

136.5
120.0
113.8
88.0

141.0
123.5
114.2
91.1

2013*
Jan - June

2012
Jan - June

% Change

512,281

452,867

13.1

565.3
71,647.6

459.9
56,846.6

22.9
26.0

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

Index

Tourism

Imports (C I F)
Rice

Jy

Month

2013
June

Rs./Kg

2012
June

TEA PRICES (Imports)

% Change
500

2013

400

Rs / Kg
US$ / Kg

406.34
3.18

384.20
2.91

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

93,582

85,641

732

649

67,989

75,809

532

574

13,452

12,755

105

97

48,339

40,820

378

309

5.8
9.3

9.3
12.9
-10.3
-7.3
5.5
9.0
18.4
22.3

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
2012
J

Jy

Month

10

Average Crude Oil Prices

2012
Spot Prices

111.22
109.14
106.57
111.17
108.91
103.69
-

Crude Oil Prices

Brent

130
110

90
70
WTI

50

Jan-13

Mar-13

Nov-12

30

Jul-12

95.87
95.54
96.30
95.50

94.76
95.32
92.94
92.02
94.51
95.77
104.51

Sep-12

118.21
114.50
113.38
113.29

113.95
117.39
109.63
103.40
103.04
103.16
108.62

Jan-12

23 August
26 August
27 August
28 August
29 August

115.62
119.86
119.86
121.21
110.73
96.60
112.25
111.84
114.25

Mar-12

98.46
102.36
106.16
103.32
94.49
82.30
87.86
94.16
94.64
89.49
86.53
87.86

May-12

111.34
120.05
126.67
120.77
110.93
95.60
103.20
114.11
113.16
112.37
110.13
110.72

(US $/bbl)

Nov-11

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

(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)

2013
Spot Prices

Mar-11

Brent(New York
closing price)

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

May-11

Month

Month/Date

114.07
114.18
117.16
118.22
118.86

106.48
105.88
109.11
110.17
108.51
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*

2012

2012

1 Quarter

1 Quarter

Annual

2.0
10.7
4.3
6.0

12.0
10.8
5.8
8.0

5.8
10.3
4.6
6.4

st

Growth Rate

Agriculture
Industry
Services
GDP

st

Real GDP
(Percentage change)
9
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

2011(b)(c)

2011(a)

2012 (a)

4th Quarter

3rd Quarter

Annual

Annual

48.1
3.9

48.3
3.9

47.8
4.2

32.0
26.1
41.9

32.9
24.1
43.1

33.0
24.2
42.8

47.2
4.0

31.0
26.1
42.9

Unemployment Rate
Rate
20
18
16
14
12
10
8
5.2
6 5.1
4 5.3 5.2
2
0

5.3
6.2

5.9

5.0

5.7

4.9

5.4

4.5

4.3 3.9
4.2

4.0

3.9

'1Q 08
'2Q 08
'3Q 08
4Q 08
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

Employed Persons by Sectors %

Agriculture
Industry
Services

2012 (a)

(a) Data cover the entire island

Source: Department of Census and Statistics

Year/Quarter

(b) Data excludes Northern Province

(c ) Quarterly Labour Force Survey for the 4th quarter 2011, 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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