CENTRAL BANK OF SRI LANKA

SELECTED WEEKLY
ECONOMIC INDICATORS
28 February 2014

Statistics Department Tel. : (94 11) 2477579

30, Janadhipathi Mawatha E-mail : dst@cbsl.lk
Colombo 1 Website : http://www.cbsl.gov.lk
 28.02.2014 SRI LANKA ECONOMIC INDICATORS
Exchange Rates Week Ending Week Ago Year Ago
(Rs Per Unit) February 28
Commercial Bank Avg. Middle Rate (prevailing at 9.30a.m.)
EXCHANGE RATES
US$ 131.03 130.90 127.49 (US$ and STG 2011-2012)
STG 218.64 218.05 193.37
Yen 1.29 1.28 1.38
Euro 179.54 179.47 167.59 Month end Daily
INR(1) 2.11 2.10 2.37 230
SDR ( As at 26 February 2014 ) 202.39 201.89 193.12 220
210 STG
Central Bank purchases and sales of foreign exchange from December Month Ago Year Ago
200
commercial banks at market rates (US$ Mn. )-total for Month 2013 . STG 190
Purchases 239.20 20.00 77.00 180
170
Sales 11.45 51.38 6.30 160
Week Ending Week Ago Year Ago 150
US$ 140 US$
130
Average Daily Interbank Volume (US$ Mn.) 68.26 64.31 44.09 120
(spot, tom and cash transactions among commercial banks) 110
100
Forward Transactions J J
2011
N A S F Jy D 1 5 9 13 17
Last 4 Weeks

Forward Rates (US$) (2) 1 Month 131.62 131.38 128.20

3 Months 132.48 132.39 130.02
Average Daily Interbank Forward Volume (US$ mn) 29.50 39.09 16.58
Outstanding Forward Volume (US$ mn) (As at 26 February 2014) 983.40 963.41 897.40
In nominal terms the Rupee depreciated against the US$ , STG , Yen , Euro , INR and SDR.

(1) Central Bank indicative rate (2) Weekly average based on actual transactions.
Interest Rates (%) Week Ending Week Ago Year Ago
February 28 INTEREST RATES- Call
Money
Commercial Bank Average Weighted Prime Lending Rate (AWPR) 9.37 9.29 14.42 (Minimum and Maximum)
Treasury Bill Yield - 91 days 6.72 6.75 9.09
(Excluding 10% withholding tax) - 182 days 6.89 6.90 10.08
- 364 days 7.07 7.08 11.10 Monthly Daily
12
Standing Deposit Facility 6.50 6.50 7.50 Max
9.10
Max
Standing Lending Facility 8.00 8.00 9.50 11 8.90

Call Money Weekly Average (CMR) 6.96 6.98 9.44 10

8.70

8.50
Sri Lanka Inter Bank Offer Rate ( SLIBOR )
9 8.30
1 day 7.01 7.03 9.51
8.10
7 days 7.61 7.61 10.14 8
7.90 Min Ave
1 Month 8.04 8.03 12.30 Ave
Min
7 7.70
3 Months 8.49 8.50 13.16
7.50
6 Months 8.94 8.94 13.66 6
J M S J M S
1 5 9 13 17

12 Months 14.31 •Last 4 Weeks

9.46 9.48 ,12 ,13

Sep 2013 Month Ago Year Ago

Saving Deposits - Commercial Banks 075-11.00 0.75-9.00 0.75-10.50
INTEREST RATES
One Year Fixed Deposits -Commercial Banks 5.00-16.00 6.00-16.00 5.00-15.60 3 Month & 12 Month
Feb 2014 Month Ago Year Ago Treasury Bills Yield
Commercial Bank Average Weighted Deposit Rate (AWDR) 8.83 9.14 10.56
Commercial Bank Average Weighted Fixed Deposit Rate Monthly Weekly
(AWFDR) 10.99 11.46 13.82 14.0 11.6
Jan 2014 Month Ago Year Ago 13.5
13.0 12 Month
Commercial Bank Average Weighted Lending Rate (AWLR) 14.83 15.18 16.12 12.5 10.6

Sep 2013 Month Ago Year Ago 12.0

12 Month
11.5
Saving Deposits - NSB 5.00 5.00 5.00 11.0 9.6
10.5
One Year Fixed Deposits - NSB 10.00 10.50 12.50 10.0
9.5 8.6
(08 Y & 04 Months) (09 Y & 10 Months) (14 Y & 10 Months)
9.0 3 Month 3 Month
Treasury Bonds Auction 26/02/2014 26/02/2014 26/02/2014 8.5
7.6
Coupon rate 11.20 11.40 13.00 8.0
J M S J M S
1 5 9 13
Last 4 Weeks
,12 ,13
Weighted Average Yield(Excluding 10% withholding tax) 9.90 10.00 10.76
Call money rates remained between 6.85 and 7.00 per cent during the week.
*AWPR - Average for the month of February 2014 - 9.40
Bankwise- AWPR Week ending Week Ago Bankwise- AWPR Week ending Week Ago
28/02/2014 28/02/2014
Bank of Ceylon 11.79 12.17 HSBC 9.50 9.71
People's Bank 10.63 10.63 Standard Chartered Bank 9.88 9.51
Hatton National Bank 9.22 9.47 Citi Bank 9.88 10.30
Commercial Bank of Ceylon 9.11 8.13 Deutsche Bank 10.05 9.08
Sampath Bank 8.84 9.11 Habib Bank 8.29 8.29
Seylan Bank 9.57 11.07 Indian Bank 11.15 11.15
Union Bank of Colombo 9.67 10.32 Indian Overseas Bank 11.65 9.65
Pan Asia Banking Corporation 9.00 9.00 MCB Bank 10.38 10.90
Nations Trust Bank 9.18 9.29 State Bank of India 12.26 12.26
DFCC Vardhana Bank 11.95 11.64 Public Bank 13.08 13.09
NDB Bank 8.64 8.54 ICICI Bank 10.10 10.10
Amana Bank 10.45 10.50 Axis Bank - -

1
 Government Securities Market
Weekly Summary of Primary & Secondary Market Transactions
and Weighted Average Yield Rates
Item/ Week Ended WeekEnding WeekEnding Item / Week Ended WeekEnding WeekEnding
Feb 26 Feb 19 Feb 26 Feb 19
2014 2014 Secondary Market 2014 2014
Rs.Mn Rs.Mn Weighted Average After Tax After Tax
Outstanding Stock of Government Securities Yield Rates
T-bills Treasury Bills
Outstanding 801,443 808,898 Purchased
o/w, amounts held by PDs 123,378 124,100 <= 91 days 6.80% 6.70%
T-bonds Outstanding 3,016,312 3,015,791 <= 182 days 6.95% 6.90%
o/w, amounts held by PDs 28,379 26,404 <= 364 days 7.10% 7.10%
Government Securities held by Foregin Investors 493,780 493,071 Sold
Primary Issues <= 91 days 6.70% 6.60%
<= 182 days 6.85% 6.80%
Amount Offered 12,000 10,000 <= 364 days 7.00% 7.00%
Total Bids Received 40,946 40,612
Total Bids Accepted 22,656 18,897 Treasury Bonds
T-bonds Purchased
Amount Offered 3,000 0 <= 1 year 0.00% 0.00%
Total Bids Received 10,025 0 <= 2 year 7.60% 7.50%
Total Bids Accepted 3,050 0 <= 3 year 7.85% 8.00%
<= 4 year 8.90% 9.10%
Latest Primary Issues Yield Rates <= 5 year 9.00% 9.20%
T- bills <= 91 days 6.72% 6.75% <= 10 year 0.00% 0.00%
< 182 days 6.89% 6.90% <= 15 year 0.00% 0.00%
< 364 days 7.07% 7.08% >15 year 0.00% 0.00%
T- bonds Sold
<2year Last Issue 0.00% 0.00% <= 1 year 0.00% 0.00%
2year Last Issue 02/08/2012 13.62% 13.62% <= 2 year 7.50% 7.40%
3year Last Issue 12/08/2013 10.87% 10.87% <= 3 year 7.75% 7.85%
4year Last Issue 02/08/2012 14.10% 14.10% <= 4 year 8.80% 9.00%
5year Last Issue 16/01/2014 8.65% 8.65% <= 5 year 8.90% 9.05%
6year Last Issue 01/03/2013 10.97% 10.97% <= 10 year 0.00% 0.00%
10 year Last Issue 03/03/2014 10.00% 11.80% <= 15 year 0.00% 0.00%
15 year Last Issue 03/03/2014 10.76% 10.61% >15 year 0.00% 0.00%
20 year Last Issue 01/11/2013 12.13% 12.13% Secondary Market Yield
Yield (%)
Secondary Market Activities Rs.Mn Rs.Mn 11.0%
Month ago
T- bills 10.5%
10.0% week ago
Outright Transactions 26/02/2014
9.5%
Purchased 10,633 1,597
9.0%
Sold 18,780 12,405 8.5%
Repo Transactions 8.0%
Repurchase 28,991 15,280 7.5%
Reverse Repurchase 2,707 4,368 7.0%
T- bonds 6.5%

Outright Transactions 6.0%

Purchased 14,188 15,587

Sold 17,417 15,933
Repo Transactions
Repurchase 99,434 105,945
Maturity
Reverse Repurchase 16,112 9,609

Source :Primary Auctions & Primary Dealer Weekly Reporting System

2
 Buying and Selling prices of Treasury Bonds
Quoted by Primary Dealers on 26/02/2014
Treasury Bonds - Yield
Maturity Maturity Date to Average Average Curves
Bond Series Period D/M/Y Maturity Buying Yield ** Selling Yield **
(Years) Price * Price * 26/02/2014
07.00%2014A 4 01/03/2014 3 100.00 6.75 100.00 6.60
11.75%2014B 6 01/04/2014 34 100.43 6.78 100.45 6.60 Yield
06.60%2014B 4 01/06/2014 95 99.89 6.93 99.93 6.78
13.00
11.25%2014A 5 15/07/2014 139 101.57 6.97 101.62 6.82 Yield on Ave. Buying
12.00
09.00%2014A 2 01/10/2014 217 101.22 6.85 101.29 6.73
11.00
06.20%2015A 4 15/01/2015 323 99.22 7.11 99.32 7.00
11.75%2015A 6 15/03/2015 382 104.56 7.14 104.69 7.02 10.00

06.20%2015B 4 15/06/2015 474 98.57 7.36 98.75 7.21 9.00

06.50%2015A 5 15/07/2015 504 98.95 7.30 99.11 7.18 8.00

11.00%2015A 6 01/08/2015 521 104.78 7.41 104.97 7.27 7.00 Yield on Ave.
Selling Price
11.00%2015B 6 01/09/2015 552 104.98 7.45 105.24 7.27 6.00

1204
1555
1783
2286
3046
4081
5238
2
216
503
612
917
12.50%2015A 2 20/09/2015 571 107.45 7.35 107.62 7.24
No: of days to Maturity
08.50%2015A 3 01/11/2015 613 101.46 7.55 101.79 7.34
07.25%2016A 6 01/04/2016 765 99.45 7.53 99.64 7.44
08.00%2016B 4 01/06/2016 826 100.76 7.62 100.97 7.52
Month ago
06.40%2016A 6 01/08/2016 887 97.18 7.69 97.42 7.58 Yield
08.00%2016A 5 01/09/2016 918 100.22 7.90 100.48 7.78 11.50
11.00 Yield on Ave.
06.40%2016B 6 01/10/2016 948 96.20 8.05 96.42 7.95 Buying Price
10.50
08.00%2017A 5 01/01/2017 1040 100.01 7.99 100.25 7.89 10.00
05.80%2017A 6 15/01/2017 1054 93.98 8.18 94.34 8.03 9.50
9.00
08.00%2017B 5 15/06/2017 1205 98.48 8.53 98.93 8.37
8.50
05.80%2017B 6 15/07/2017 1235 92.11 8.53 92.42 8.42 8.00
08.50%2018A 15 01/02/2018 1436 98.74 8.88 99.04 8.79 7.50
Yield on Ave.
7.00
08.50%2018C 5 01/04/2018 1495 98.89 8.83 99.50 8.64 Selling Price
6.50

1095
1536
1764
2115
2907
4399
16

515

928
180

612
08.50%2018D 5 01/06/2018 1556 98.78 8.84 99.08 8.76
08.50%2018B 15 15/07/2018 1600 98.45 8.93 98.81 8.83 No of days to Maturity
07.50%2018A 15 15/08/2018 1631 94.85 8.92 95.14 8.84
08.00%2018A 6 15/11/2018 1723 96.27 8.98 96.76 8.85 Year ago
05.65%2019A 8 15/01/2019 1784 86.86 9.03 87.25 8.93
Yield
08.50%2019A 10 01/05/2019 1890 97.46 9.12 98.19 8.94 12
Yield on Ave. Buying
10.60%2019A 6 01/07/2019 1951 106.53 9.03 106.89 8.94 Price
11.5
08.00%2019A 8 01/11/2019 2074 94.41 9.28 95.04 9.13
08.00%2020A 8 01/06/2020 2287 92.94 9.52 93.69 9.35 11

06.20%2020A 10 01/08/2020 2348 83.53 9.70 84.38 9.50 10.5

09.00%2021A 8 01/05/2021 2621 95.70 9.85 96.24 9.74
10 Yield on Ave.
08.00%2022A 10 01/01/2022 2866 89.22 10.01 89.91 9.88
Selling Price
11.20%2022A 9 01/07/2022 3047 106.08 10.10 107.02 9.94 9.5

983
39
192
345
509
844

1288
1575
1926
2154
09.00%2023A 10 01/09/2023 3474 80.69 10.20 81.40 10.07
No. of Days to Maturity
07.00%2023A 20 01/10/2023 3504 80.24 10.29 81.35 10.08
11.40%2024A 10 01/01/2024 3596 105.88 10.43 106.76 10.29
09.00%2025A 12 01/05/2025 4082 91.31 10.33 91.92 10.23
09.00%2026A 13 01/02/2026 4358 90.54 10.40 91.33 10.28
05.35%2026A 15 01/03/2026 4386 65.49 10.46 66.33 10.30
09.00%2028B 15 01/05/2028 5178 89.04 10.50 89.71 10.40
09.00%2028A 15 01/07/2028 5239 87.21 10.77 88.20 10.62
13.00%2029A 15 01/01/2029 5423 115.45 10.88 116.47 10.75
08.00%2032A 20 01/01/2032 6518 76.58 11.03 77.81 10.83
09.00%2032A 20 01/10/2032 6792 83.60 11.10 85.50 10.83
09.00%2033A 20 01/06/2033 7035 82.40 11.25 84.68 10.92
13.25%2033A 20 01/07/2033 7065 115.38 11.28 117.61 11.03
09.00%2033B 20 01/11/2033 7188 82.13 11.28 83.83 11.03
13.25%2034A 20 01/01/2034 7249 114.39 11.40 117.29 11.08
09.00%2043A 30 01/06/2043 10687 78.89 11.53 81.49 11.15
13.50%2044A 30 01/01/2044 10901 112.07 12.00 118.20 11.35

Two way quotes for Treasury Bills

26/02/2014
Average
Average Buying Buying &
Remaining Maturity Yield Selling Yield
Price Selling Spread
Price
1-7 Days 99.88 6.32 99.88 6.13 0.00
1 Month 99.46 6.53 99.48 6.37 0.01
2 Month 98.91 6.64 98.93 6.49 0.02
3 Month 98.33 6.76 98.36 6.66 0.03
4 Month 97.76 6.82 97.80 6.68 0.05
5 Month 97.18 6.86 97.27 6.71 0.09
6 Month 96.58 6.93 96.65 6.80 0.06
7 Month 96.00 6.95 96.07 6.83 0.07
8 Month 95.41 6.98 95.49 6.86 0.08
9 Month 94.81 7.02 94.91 6.89 0.10
10 Month 94.22 7.04 94.31 6.92 0.09
11 Month 93.61 7.07 93.71 6.96 0.10
12 Month 92.99 7.10 93.09 7.01 0.10

3
 Money Market Activity - Volumes Week Ending Week Ago Year Ago
( Rs. Mn ) 26 Feb 2014
Inter - bank Call Money Turnover (a) 8,225 12,005 8,012
Central Bank Holdings (a)
Treasury bills 879 3,429 114,496

(a) Daily average for week

21.02.2014 24.02.2014 25.02.2014 26.02.2014

Open Market Operations

Repo Auction
Amount Offered (Rs. Bn) 52.00 - - -
Bids received (Rs. Bn) 45.19 - - -
Amount accepted (Rs. Bn) 45.19 - - -
Weighted Average Yield (% p.a.) 6.69 - - -
Standing Facilities (Volumes)
Standing Deposit Facility at 6.50% (Rs.Bn.) 11.02 16.30 11.76 12.36
Standing Lending Facility at 8.00% (Rs.Bn) - - - -

Credit Cards * 2013 (a) 2013 2012(b)

End Sep* End Aug End Dec
Total Number of Active Cards 926,614 938,621 891,170
Local (accepted only locally) 36,749 36,973 39,963
Global (accepted globally) 889,865 901,648 851,207

Outstanding balance (Rs. Mn.) 49,305 48,339 44,445

Local (accepted only locally) 1,204 1,201 1,183
Global (accepted globally) 48,101 47,138 43,262 Rs. Bn.
Commercial Paper Issues
40
* Issued by Licensed Commercial Banks
35
(a) Provisional (b) Revised
2012
30
(1)
Commercial Paper Issues 2013 2013 2012 25

End Sep* End Aug End Dec 20 2013

Total Issues - Cummulative ( Rs. bn.) 21.9 20.2 36.9 15

10
Outstanding (as at end of the period ) ( Rs.bn. ) 9.3 9.4 10.6 5

0
* provisional J M M Jy S N

(1) Based on the information provided by Licensed Commercial Banks and Licensed Specialised Banks Month

SHARE MARKET INDICES

Share Market Week Ending Week Ago Year Ago Month end Daily
28 Feb 2014
6500
7000
All Share Price Index (1985 = 100) (ASPI) 5,940 5,937 5,636 6000 ASPI
5500 6000
ASPI L
5000
S & P Sri Lanka 20 Index (S&P SL20) 3,224 3,238 3,194 4500 5000

4000
4000 S&P
3500
S&P
Average Daily Turnover (Rs. Mn) 556 771 767 3000
3000
2500
2000
Market Capitalisation (Rs.Bn.) 2,481 2,479 2,165 2000
J' 12A O DF'13A J A O 1 5 9 13 17 21

Month
The All Share Price Index increased by 3 index points and the S & P Sri Lanka 20 Price index decreased by 14
index points.The Average Daily Turnover has decreased by Rs.215 mn.

4
 2013 (a)
Money Supply Month Ago Year Ago
December MONEY SUPPLY M1
Annual Changes
M1 (Rs. bn.) 484.6 454.4 450.0
%
M2 (Rs. bn.) 3,058.8 2,997.7 2,593.2
2012
M2b (Rs. bn.) 3,417.9 3,363.1 2,929.1 13.5

Net Foreign Assets of the Banking System (Rs. bn.) (b) -76.3 -63.6 -25.8 8.5

Monetary Authorities (Rs. bn.) 529.1 479.9 396.5 3.5

Domestic Banking Units (DBUs) (Rs. bn.) -231.2 -197.4 -121.9 -1.5
2013
Foreign currency Banking Units (FCBUs) (Rs. bn.) -374.3 -346.1 -300.4
-6.5
J F M A M J Jy A S O N D
Net Domestic Assets of the Banking System (Rs. bn) (b) 3,494.2 3,426.7 2,954.9
DBUs (Rs. bn.) 2,996.5 2,947.5 2,541.5
FCBUs (Rs. bn.) 497.7 479.2 413.4 Month

Net Credit to Government (Rs. bn) 1,301.3 1,325.5 1,045.2

Monetary Authorities (Rs. bn.) 114.0 127.8 278.8
DBUs (Rs. bn.) 995.7 1,005.4 634.0
FCBUs (Rs. bn.) 191.7 192.4 132.4
Credit to Corporations (Rs. bn) 365.1 308.0 292.5
MONEY SUPPLY M2
DBUs (Rs. bn.) 164.7 124.5 91.3 Annual Changes
FCBUs (Rs. bn.) 200.4 183.5 201.2 24%
Credit to the Private Sector (Rs. bn) 2,534.3 2,519.0 2,358.4 23 2012
22
DBUs (Rs. bn.) 2,327.4 2,309.3 2,172.1
21
FCBUs (Rs. bn.) 207.0 209.7 186.3 20

Reserve Money (Rs. bn.) 488.6 472.0 484.4 19

18
Annual Change (%) 17 2013

16
M1 7.7 5.7 2.6 J F M A M J Jy A S O N D

M2 18.0 18.5 18.3

Month
M2b 16.7 16.7 17.6
Net Foreign Assets of the Banking System (b) -195.5 -154.0 -126.3
Monetary Authorities 33.5 34.8 16.6
Domestic Banking Units (DBUs) -89.7 -75.0 -91.2 MONEY SUPPLY M2b
Foreign currency Banking Units (FCBUs) -24.6 -29.1 -68.5 Annual Changes
%
Net Domestic Assets of the Banking System (b) 18.3 17.9 23.4 24.0

DBUs 17.9 17.2 19.1

22.0
FCBUs 20.4 22.9 59.2
2012
Net Credit to Government 24.5 25.6 25.4 20.0

Monetary Authorities -59.1 -61.3 6.1 2013

18.0
DBUs 57.0 70.6 34.1
16.0
FCBUs 44.8 41.8 35.0
Credit to Corporations 24.8 18.0 47.3 14.0
J F M A M J Jy A S O N D
DBUs 80.4 72.1 27.8
Month
FCBUs -0.4 -2.8 58.3
Credit to the Private Sector 7.5 7.3 17.6
DBUs 7.1 7.0 19.2
FCBUs 11.1 9.9 1.1
Reserve Money 0.9 -1.0 10.2
(a) Provisional (b) In relation to M2b

WEEKLY CHANGE IN RESERVE

Rs.bn MONEY

550
2013 2012

500

450

Weekly change in Reserve Money 26 Feb 2014 Week ago Change 400
F/2

O/4

D/1
A/3

Jy/1

A/2
J/1

M/3

M/4

S/3

Reserve Money (Rs.Mn.) 493,170 501,550 -8,380

Week

5
 Pettah Market RRs/Kg Rice - Kekulu
82
Week Ending Week Ago Month Year Ago 72 2013 2012
Average Wholesale Prices 62
26/02/2014 Ago Annual Ave. 52

Rice (Rs/Kg) 42
32
Samba 71.50 70.50 70.20 66.57 J/1 F/2 M/3 A/4 J/1 Jy/2 A/3 S/4 N/1 D/2

Kekulu (Red) 59.00 59.00 56.50 52.39 Week

Beans 70.00 60.00 77.00 107.69
Cabbage 35.00 35.00 30.00 64.76 Rs/Kg Beans
Carrots 80.00 80.00 76.00 108.94 240
2012
210 2013
Tomatoes 40.00 50.00 47.00 67.84 180
150
Pumpkins 25.00 20.00 21.50 37.12 120
90
Snake Gourd 20.00 50.00 46.00 55.69 60
30
J/1 F/2 M/3 A/4 J/1 Jy/2 A/3 S/4 N/1 D/2
Brinjals 40.00 40.00 60.00 61.42
Ash-Plantains 50.00 60.00 60.00 63.27 Week

Red-Onions (Local) 52.50 52.50 100.00 148.68 Rs/Kg Potatoes

Big-Onions (Local) n.a n.a n.a. 97.21 195
2012 2013
Potatoes (N'Eliya) 77.50 77.50 85.00 96.95 155
115
Dried Chilies (Imported) 185.00 188.00 183.00 176.50 75
Dhal (Indian) 134.00 140.00 133.40 131.39 35
J/1 F/2 M/3 A/4 J/1 Jy/2 A/3 S/4 N/1 D/2
Eggs (Red) (Each) 13.50 12.50 13.50 13.39
Coconut (Each) 38.00 39.00 41.50 37.62 Week
Fish (Rs/Kg) *
Kelawalla 380.00 380.00 440.00 387.27 Rs/Kg Kelewalla
Balaya 220.00 250.00 248.00 280.00 505 2013
435
Salaya 70.00 80.00 102.00 134.71 365 W
Paraw (Small) 380.00 380.00 478.00 442.60 295 2012
225
J/1 F/2 M/3 A/4 J/1 Jy/2 A/3 S/4 N/1 D/2
Week Ending Week Ago Month Year Ago
Average Retail Prices 26/02/2014 Ago Annual Ave.
Week

Rice (Rs/Kg) Rs/Kg Rice - Kekulu

80.00
Samba 75.00 78.00 75.80 70.46
70.00 2013
Kekulu (Red) 65.00 65.00 64.00 59.60 60.00
Beans 90.00 80.00 98.00 134.42 50.00
2012
40.00
Cabbage 60.00 60.00 48.00 92.88
Carrots 100.00 100.00 98.00 133.46 Week
Tomatoes 70.00 80.00 68.00 99.81
Pumpkins 50.00 40.00 39.00 57.60 Rs/Kg Beans
350.00
Snake Gourd 40.00 70.00 68.00 80.77 300.00
2013 2012
Brinjals 60.00 60.00 84.00 85.58 250.00
200.00
Ash-Plantains 70.00 80.00 80.00 84.23 150.00
Red-Onions (Local) 80.00 80.00 100.00 182.38 100.00
50.00
Big-Onions (Local) n.a n.a n.a. 127.22

F/2

S/4
J/1

M/3

A/3

N/1
A/4

J/1

Jy/2

D/2
Potatoes (N'Eliya) 90.00 110.00 110.00 117.31 Week
Dried Chilies (Imported) 220.00 220.00 220.00 219.71
Dhal (Indian) 160.00 160.00 144.00 148.85 Rs/Kg Potatoes
170.00
Eggs (Red) (Each) 14.00 13.00 14.00 13.89 150.00 2013 2012
130.00
Coconut (Each) 50.00 50.00 50.00 43.98 110.00
Fish (Rs/Kg) * 90.00
70.00
Kelawalla 430.00 490.00 602.00 477.31 50.00 2009

F/2

S/4
J/1

M/3

A/4

J/1

N/1
Jy/2

A/3

D/2
Balaya 270.00 300.00 302.00 341.76
Week
Salaya 110.00 100.00 138.00 179.04
Paraw (Small) 420.00 420.00 524.00 505.60 Rs/Kg Kelawalla
650
* Prices collected from the Fisheries Trade Centre, Peliyagoda. 550
450
350
Marandagahamula 250
2013 2012
Average Wholesale Price of Rice M/3

A/4

A/3

N/1
J/1

D/2
F/2

J/1

Jy/2

S/4
Rs/Kg Week
Week Ending Week Ago Month Ago Year Ago
Item
28/02/2014 Avg Narahenpita Economic Centre (Rs/Kg.)
Samba 63.50 65.78 69.05 62.64 Retail Prices
Sudu Kekulu 60.50 61.25 59.29 52.03 Average
Item
Raw Red 56.65 55.50 52.37 49.55 26/02/2014 Week Ago
Nadu 62.28 62.00 60.70 53.71 Rice
Samba 75.33 75.67
Dambulla Market Kekulu (Red) 58.00 60.00
Week Ending - 27/02/2014 (Rs/Kg) Beans 80.00 90.00
Wholesale Retail Cabbage 80.00 73.33
Food Item
(Average) (Average) Carrots 106.67 120.00
Rice Tomatoes 80.00 93.33
Samba 73.00 75.80 Pumpkins 80.00 60.00
Kekulu (Red) 58.10 61.70 Snake Gourd 113.33 86.67
Vegetables Brinjals 93.33 83.33
Pumpkins 25.70 43.50 Ash-Plantains 100.00 100.00
Snake Gourd 22.30 42.50 Red-Onions (Imported) 113.33 106.67
Ash-Plantains 37.00 58.50 Big-Onions (Imported) 60.00 60.00
Beans 43.50 69.00 Potatoes (Imported) 70.00 70.00
Carrots 50.50 78.50 Dried Chilies (Imported) 220.00 220.00
Tomatoes 30.00 57.00 Dhal (Indian) 163.33 163.33
Other Foods Eggs (Red)(Each) 13.50 12.50
Potatoes (N'Eliya) 72.30 90.00 Coconut (Each) 48.33 48.33
Dried Chilies(Imported) 194.00 240.00 Fish
Big-Onions (Local) n.a n.a Kelawalla 570.00 560.00
Red-Onions (Local) 46.00 66.00 Balaya 370.00 n.a.
Coconut (Each) 32.80 40.90 Salaya 93.33 90.00
Paraw (Small) 560.00 680.00

6
 Price Indices February Month Ago Year Ago
2014 PRICE CHANGES (CCPI )
Colombo Consumers' Price Index (CCPI ) Annual Average
12.0
(2006 / 07 = 100) 177.8 177.5 170.7
2013
Annual Average Change % 6.0 6.5 8.6 10.0
Year - on - Year Change % 4.2 4.4 9.8
8.0

Core Inflation - ( CCPI ) 6.0

(2006 / 07 = 100) 170.6 170.1 165.4
Annual Average Change % 3.8 4.1 6.3 4.0 2012

Year - on - Year Change % 3.1 3.5 7.4

2.0
J F M A M J Jy A S O N D

Nov 2013 * Month Ago Year Ago Month

Wholesale Price Index (WPI)
(1974 = 100) 4,953.5 4,931.6 4,658.2
Annual Average Change % 9.9 10.5 1.9

* Provisional

Wage rate Indices 2013 (a) 2012 % Change WAGE INDICES

(1978 = 100)
Nov Nov 5600
Central Govt.
Central Government Employees (1978 = 100) (b) 5,654.3 5,304.7 6.6 5200
4800
4400
Wages Boards
Workers in Wages Boards Trades (1978 = 100) 3,928.8 3,662.8 7.3 4000
3600
Agriculture 4,434.9 4,434.2 0.0 3200
2800
Industry & Commerce 3,459.1 2,402.1 44.0
2400
Services 2,313.2 1,851.8 24.9 2000

Jy

Jy
Jy
10/J

11/J

12/J

13/J
(a) Provisional (b) Non-executive officers and minor employees Months

7
 Agriculture Production 2013* 2012 % Change
Jan - Dec Jan - Dec AGRICULTURAL
Mn.Kg. PRODUCTION-Tea
Tea (Mn Kg) 338.3 328.4 3.0
350
300
Rubber (Mn Kg) 130.4 151.8 -14.1 250
200 2013

Jan - Nov Jan - Nov 150

100 2012
Coconuts (Mn Nuts) 2,337.0 2,767.3 -15.6 50
0
J F M A M J Jy Au S O N D
* Provisional
Month
2013 * 2012
Factory Industrial Production % Change
November November
Factory Industrial Production Index (FIPI) (a) ( 2010 = 100 ) 112.6 108.8 3.5

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

2013 * 2012 GOVERNMENT REVENUE &

Government Finance Rs. bn.
Jan - Sep Jan - Sep EXPENDITURE 2012
1600
Revenue and Grants (Rs.bn) 783.2 774.3
1400
Revenue (Rs.bn) 780.2 759.9 Expenditure
1200
Tax 706.7 678.1 Expenditure
1000
Non tax 73.5 81.8 800
Grants 3.0 14.4 600
400
Expenditure & Lending Minus Repayments (Rs.bn) 1,275.1 1,257.4
200 Revenue
Current 920.0 886.2
0
Capital & Lending Minus Repayments 355.1 371.2
* Provisional Month

Total revenue & Grants increased by 1.2 per cent compared to the period of Jan - Sep 2012.
Total expenditure increased by 1.4 per cent compared to the period of Jan - Sep 2012.
2013 * Month Year Rs. bn GOVERNMENT DEBT
Government Debt 4000
End Sep ago ago 3600
Total domestic debt Rs bn 3,828.8 3,835.6 3,280.4 3200
of which 2800
Treasury bills 719.0 771.4 626.8 2400

Treasury bonds 2,421.5 2,449.1 2,161.8 2000

Rupee loans 55.5 55.5 58.4 1600

1200

800
Total foreign debt Rs bn 2,971.6 2,948.4 2,887.9
400

0
Total outstanding govt. debt Rs bn 6,800.4 6,784.0 6,168.4

* Provisional
Total outstanding government debt increased by 13.3 per cent compared to end December 2012.

8
 Rs.bn
External Finance 2013 (a) 2012 % Change EXTERNAL ASSETS
1300
End Nov End Dec
1200 Total
External Assets 1100
Total Reserves (b) US$ Bn 8.3 8.4 -0.9 1000
Rs Bn 1,086.7 1,062.8 2.2 900
800
Gross Official Reserves (b) US$ Bn 6.9 6.9 0.0 700
Rs Bn 902.6 874.6 3.2 Gross Official
600
2013 (a) 2012 % Change 500
Workers' Remittances (c) December December
Month
Inflows US$ Bn 0.6 0.6 15.0
Rs Bn 83.2 71.0 17.3
2013 (a) 2012 % Change PRIVATE REMITTANCES -Inflows
Workers' Remittances Jan - Sep Jan - Sep US$.mn

Inflows US$ Bn 4.9 4.4 11.4 800

2013
Rs Bn 632.6 561.5 12.6 700
Outflows US$ Bn 0.5 0.5 13.1 600
Rs Bn 68.0 59.3 14.7 500
Net US$ Bn 4.4 4.0 11.2 400
2012
Rs Bn 564.5 502.2 12.4 300
(a) Provisional J F M A M J Jy A S O N D
Month
(b) By end November 2013, the total level of foreign reserves were equivalent to 5.3 months
of imports and the gross official reserves were equivalent to 4.4 months of imports.
( c) Data on workers' remittances outflows are published on quarterly basis.

External Trade 2013 2012 % Change US$ Mn EXPORTS (Cumulative)

Jan - Dec Jan - Dec 11,000
Exports Rs. Bn 1,343.0 1,245.5 7.8 10,000
9,000 2012
Agricultural 333.9 297.7 12.2 8,000
Industrial 1,000.7 938.8 6.6 7,000
Mineral 6.7 7.8 -14.1 6,000
5,000
Other 1.6 1.2 29.2
4,000
Imports Rs. Bn 2,322.7 2,441.9 -4.9 3,000
Consumer Goods 411.0 381.0 7.9 2,000
2013
1,000
Intermediate Goods 1,361.3 1,474.5 -7.7
0
Investment Goods 548.6 582.9 -5.9 J F M A M J Jy A S O N D

Other 1.8 3.5 -48.2 Month

Trade Balance Rs. Bn -979.7 -1,196.3 18.1

Exports US$ Bn 10.4 9.8 6.3

US$ Mn
IMPORTS (Cumulative)
Agricultural 2.6 2.3 10.7
Industrial 7.7 7.4 5.0 20,000
Mineral 0.1 0.1 -15.9 18,000
2012
16,000
Other 0.0 0.0 26.6
14,000
Imports US$ Bn 18.0 19.2 -6.2 12,000
Consumer Goods 3.2 3.0 6.3 10,000
Intermediate Goods 10.6 11.6 -8.9 8,000
6,000
Investment Goods 4.3 4.6 -7.3 2013
4,000
Other 0.0 0.0 -50.0 2,000
Trade Balance US$ Bn -7.6 -9.4 19.2 0
J F M A M J Jy A S O N D
Month

9
 Industrial Exports 2013 2012 % Change
Jan - Dec Jan - Dec
Total Industrial Exports Rs.Bn 1,000.72 938.76 6.6
Food, Beverages and Tobacco 30.43 36.33 -16.2 INDUSTRIAL EXPORTS
US$ Mn.
Textiles and Apparel 583.05 508.61 14.6 (Cumulative)
8,000
Petroleum Products 55.13 58.90 -6.4
7,000
Leather, Rubber etc 124.75 116.54 7.0 6,000
2012

Other 207.37 218.38 -5.0 5,000

4,000
Total Industrial Exports US$ Bn. 7.7 7.4 5.0 3,000
Food, Beverages and Tobacco 0.2 0.3 -17.3 2,000
2013
Textiles and Apparel 4.5 4.0 13.0 1,000
Petroleum Products 0.4 0.5 -7.6 0
J F M A M J Jy A S O N D
Leather, Rubber etc 1.0 0.9 5.4
Other 1.6 1.7 -6.5 Month

Trade Indices * 2013** Month Year ago

(2010= 100 ) November ago TRADE INDICES- TERMS OF TRADE
(2010 = 100)
Total Exports Index
Value 143.6 144.9 115.2
Quantity 121.5 164.4 106.9 2013
Unit Value 118.2 88.2 107.8 108

Total Imports
Value 140.5 124.7 171.7 88
Quantity 131.9 116.1 124.2
Unit Value 106.5 107.4 138.2 2012
68
Terms of Trade 111.0 82.1 78.0 J F M A M J Jy A S O N D
* In US$ Terms Month

** Provisional
Tourism 2013* 2012 % Change '000 TOURIST ARRIVALS
Jan - Dec Jan - Dec Cumulative
1000
Tourist Arrivals 1,274,593 1,005,605 26.7 800 2013
600
400
2012
200
Earnings from Tourism US$ Bn 1.4 1.0 35.0 0
J F M A M J Jy A S O N D
Rs.Bn. 181.2 132.4 36.8 M
* Provisional Month

Rs./Kg TEA PRICES (Auction)

International Commodity Prices 2013 2012 % Change
500 2013
December December
400
Colombo Auction Price 300
2012
Tea Prices Rs / Kg 497.97 424.06 17.4 200 M
J F M A M J Jy A S O N D
US$ / Kg 3.81 3.30 15.2 Month

Imports (C I F) Rs(mn)/ RICE PRICES ('000 )

120Kg
Rice Rs. / MT 92,103 91,327 0.8 2013
100
US$ / MT 704 712 -1.1
80
White Sugar Rs. / MT 62,895 75,070 -16.2 2012
60
US$ / MT 481 585 -17.8 J F M A M J Jy A S
M
O N D
Month
Crude Oil Rs./Barrel 14,670 14,664 0.0
US$ / Barrel 112 114 -1.9 Rs/Brl CRUDE OIL PRICES
Wheat Rs. / MT 40,668 49,007 -17.0
US$ / MT 311 382 -18.6 15,000

12,000 2012
2013
9,000
J F M A M J Jy A S O N D
M
Month

10
 Average Crude Oil Prices
Month 2013 2014
Spot Prices Spot Prices
Brent CPC Import Brent WTI CPC Import
WTI (Benchmark
(Benchmark Prices (C&F) (Benchmark (Benchmark Prices (C&F)
price)
price) (US$/bbl)(*) price) price) (US$/bbl)(*)
(US $/bbl) (US $/bbl) (US $/bbl) (US $/bbl)
January 113.95 94.76 111.22 109.21 94.71 112.75 Crude Oil Prices
February 117.39 95.32 111.16
March 109.63 92.94 106.57 Brent
130
April 103.40 92.02 111.17
110
May 103.04 94.51 108.91
90
June 103.16 95.77 103.69
July 108.62 104.51 - 70

August 112.94 106.58 113.48 50

WTI

September 113.63 106.19 111.01 30

Sep-12
Sep-11

Sep-13
Jan-11
Mar-11

Jul-11

Nov-11
Jan-12

May-12

Jan-13
Mar-13

Jul-13

Nov-13
May-11

Mar-12

Jul-12

Nov-12

May-13
October 109.88 100.54 -
November 108.10 93.77 110.39
December 111.37 97.62 112.13 Month/Date

21 February 115.35 92.79 109.98 102.53

24 February - - 110.71 103.17
25 February 115.71 92.74 110.14 102.20
26 February 114.12 92.63 110.19 102.93
27 February 113.40 92.84 109.34 102.68
A
Sources: Reuters
Energy Information Administration
Ceylon Petroleum Corporation

(*) CPC import prices are not directly comparable with spot prices of WTI and Brent as, CPC is import prices
include freight charges and the price is weighted for average prices of different types of crude oil.Also, Part of
the imports of CPC are on a term contract basis.

GDP by Industrial Origin at Constant (2002) Prices 2013* 2012 2012 %

Real GDP
Growth Rate rd rd
3 Quarter 3 Quarter Annual (Percentage change)
9
Agriculture 7.0 -0.5 5.8 8
7
Industry 8.1 7.3 10.3 6
Services 7.9 4.6 4.6 5
4
GDP 7.8 4.8 6.4 3
2
1
* Provisional Source: Department of Census and Statistics 0
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 2013 (a) 2013 (a) 2012(a)(b) 2012 (a)

2nd Quarter 1st Quarter 2nd Quarter Annual
Unemployment Rate
Labour Force Participation rate 54.2 54.2 51.5 52.6
Unemployment rate 4.4 4.6 3.9 4.0 Rate
20
18
16
Employed Persons by Sectors % 14
12
Agriculture 31.5 28.2 30.3 31.4 10
8 5.9
Industry 26.2 26.9 26.9 26.3 6
5.3 5.0 4.9
4.3 3.9
4.6
4.0
4 6.2 5.7 5.4
Services 42.3 44.9 42.8 42.3 2
4.5 4.2
3.9 3.9 4.4
0
1Q 09
2Q 09

1Q 10
2Q 10

2Q 11
3Q 11

1Q 13
2Q 13
3Q 09
4Q 09

3Q 10
4Q 10
1Q 11

2Q 12
3Q 12
4Q 12

Source: Department of Census and Statistics Year/Quarter

(a) The working age population consists of the household population aged 15 and above
(b) Quarterly Labour Force Survey for the 1st quarter of 2012, 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.

11