• CCPI based Inflation decreased in September 2020

    Headline inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) marginally decreased to 4.0 per cent in September 2020 from 4.1 per cent in  August 2020. This was driven by the statistical effect of the high base prevailed in September 2019. Food inflation (Y-o-Y) decreased to 11.5 per cent in September 2020 from 12.3 per cent in August 2020,  whereas Non-food inflation (Y-o-Y) increased to 0.9 per cent in September 2020 from 0.8 per cent in August 2020.

    The change in the CCPI measured on an annual average basis also decreased to 4.7 per cent in September 2020 from 4.8 per cent in August 2020.

  • Response to the Downgrade of Sri Lanka’s Rating by Moody’s Investors Service

    Following the announcement by Moody’s Investors Service downgrading Sri Lanka’s Sovereign rating, the Ministry of Finance has issued a response, which can be found on the link below: 

  • Release of 'Sri Lanka Socio Economic Data – 2020' Publication

    “Sri Lanka Socio Economic Data – 2020”, the annually published data folder of the Central Bank of Sri Lanka, is now available for public information. The current data folder is the 43rd volume of the series. 

    This easy-to-carry booklet contains information categorised under 14 topics, namely, Country Profile; Key Economic Indicators; Country Comparisons; Socio Economic Conditions; Human Resources; National Accounts; Agriculture; Industry; Economic and Social Infrastructure; Prices and Wages; External Trade and Tourism; External Finance; Government Finance; and Money Banking and Finance. 

  • NCPI based Inflation increased in August 2020

    Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100) increased marginally to 6.2 per cent in August 2020 from 6.1 per cent in July 2020. This was driven by the monthly increases in prices of items in both Food and Non-food categories. Meanwhile, Food inflation (Y-oY) increased to 13.2 per cent in August 2020 from 12.9 per cent in July 2020, whereas Non-food inflation (Y-o-Y) increased to 1.1 per cent in August 2020 from 1.0 per cent in July 2020.

  • Sri Lanka Purchasing Managers’ Index - August 2020

    Purchasing Managers' Indices for both Manufacturing and Services activities expanded in August 2020.

    Recovery of manufacturing activities continued in August 2020 as reflected by PMI, benefitting from the normalisation of business activities in the country. Both New Orders and Production sub-indices remained at expansionary levels in August 2020 while a noticeable development was observed in Employment sub-index.

  • External Sector Performance - July 2020

    Sri Lanka’s external sector recovered further in July 2020 supported by an increase in merchandise exports and increased workers’ remittances amidst reduced merchandise imports. Several notable achievements were observed in spite of the COVID-19 pandemic. Earnings from merchandise exports surpassed US dollars 1 billion in July for the first time since January 2020 and recorded a positive year-on-year growth for the first time since February 2020. As expected, merchandise imports remained subdued with the continuation of restrictions imposed on the importation of non essential goods. A substantial increase was observed in workers’ remittances in July 2020, recording the highest amount of monthly remittances since January 2018.

  • Launch of 'Ratapuraama LANKAQR' Public Awareness Campaign in Matale

    The Central Bank of Sri Lanka (CBSL) together with financial institutions with LANKAQR enabled payment apps launched “රට පුරාම LANKAQR”, Island wide awareness campaign on 12 September 2020 at the Central Bank of Sri Lanka Regional Office - Matale under the theme of “මාතලේට LANKAQR” (Taking LANKAQR to Matale). The chief guest of this inaugural ceremony was Deshamanya Prof. W. D. Lakshman, Governor, CBSL. CEOs and officials of Licensed Commercial Banks, Licensed Specialized Banks, Licensed Finance Companies, Telecommunication companies functioning as licensed service providers of mobile payment systems as well as representatives of LankaClear (Pvt) Ltd., prominent government authorities and law enforcement authorities of the Matale region attended this ceremony.

  • Release of "Economic and Social Statistics of Sri Lanka - 2020" Publication

    The “Economic and Social Statistics of Sri Lanka – 2020” an annual publication of the Central Bank of Sri Lanka, is now available for public access.

    Marking the 70th Anniversary of CBSL, this year, Statistics Department restructured the layout of the publication for ease of reference, while adding more statistics to enrich its content. Accordingly, the new version consists of statistical tables categorised under eight major areas, i.e. ‘National Accounts’, ‘Economic and Social Infrastructure’, ‘Prices, Wages and Employment’, ‘External Trade and Finance’, ‘Government Finance’, ‘Money and Capital Markets’, ‘Financial  Sector’ and statistics of other countries.

    The publication is available in both printed and web versions and will be a useful collection of information for anyone who is interested in socio-economic statistics.

  • CCPI based Inflation decreased in August 2020

    Headline inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) decreased to 4.1 per cent in August 2020 from 4.2 per cent in July 2020. This was mainly driven by the statistical effect of the high base prevailed in August 2019. Food inflation (Y-o-Y) increased to 12.3 per cent in August 2020 from 10.9 per cent in July 2020, whereas Non-food inflation (Y-o-Y) decreased to 0.8 per cent in August 2020 from 1.5 per cent in July 2020.

    The change in the CCPI measured on an annual average basis remained unchanged at 4.8 per cent in August 2020.

  • Land Valuation Indicator - First Half of 2020

    Land Valuation Indicator (LVI) of Colombo District reached 141.6 during the 1st half of 2020, recording an annual increase of 7.1 per cent. Meanwhile, on semi-annual basis the LVI marginally increased by 2.0 per cent. Both annual and semi-annual percentage changes of LVI showed a declining trend over the recent periods.

    All sub-indicators of LVI, namely Residential LVI, Commercial LVI and Industrial LVI contributed to the overall increase. Industrial LVI recorded the highest annual increase of 7.2 per cent, while both Residential LVI and Commercial LVI recorded 7.1 per cent increases.

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