CENTRAL BANK OF SRI LANKA

SELECTED WEEKLY
ECONOMIC INDICATORS
21 October 2011

Statistics Department
30, Janadhipathi Mawatha
Colombo 1

Tel.
E-mail

: (94 11) 2477579

: stat@cbsl.lk

Website : http://www.cbsl.gov.lk

SRI LANKA ECONOMIC INDICATORS

21.10.2011

Exchange Rates
(Rs Per Unit)
Commercial Bank Avg. Middle Rate (prevailing at 9.30a.m.)
US$
STG
Yen
Euro
INR(1)
SDR
( As at 20 Oct 2011 )

Week Ending

Week Ago

Year Ago

Oct 21

110.24
174.34
1.44
151.96
2.22
172.87

Central Bank purchases and sales of foreign exchange from

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

Purchases
Sales

110.23
173.56
1.43
151.62
2.25
173.32

EXCHANGE RATES
(US$ and STG 2010-2011)

111.85
177.06
1.38
155.82
2.53
175.36

August

Month Ago

Year Ago

0.00
197.60

0.00
416.99

87.00
65.40

Week Ending

Week Ago

Year Ago

Month end

Daily
230
220
210
200
190
180
170
160
150
140
130
120
110
100

STG

Oct 21

Average Daily Interbank Volume (US$ Mn.)

(spot, tom and cash transactions among commercial banks)
Forward Transactions
Forward Rates (US$) (2)
1 Month
3 Months
Average Daily Interbank Forward Volume (US$ mn)
Outstanding Forward Volume (US$ mn) (As at 20 Oct 2011)

89.34

81.10

47.40

110.83
111.91
37.41
1,447.52

110.76
111.73
31.31
1,350.41

112.27
112.47
12.99
905.25

US$

J A
2010

Jy O

J A
2011

Jy

STG

US$

13

17

Last 4 Weeks

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

(1) Central Bank indicative rate

(2) Weekly average based on actual transactions.

Interest Rates (%)

Week Ago

Year Ago

9.44
7.21
7.27
7.34
7.00
8.50
8.08

9.95
7.13
7.04
7.17
7.25
9.00
8.64

8.04
8.12
8.23
8.35
8.51
8.74

8.10
8.15
8.23
8.34
8.50
8.71

8.32
8.49
8.69
8.86
9.08
9.30

August2011

Month Ago

Year Ago

1.00-8.50
5.05-10.00

1.50-8.00
5.05-10.50

1.50-9.50
6.50-17.00

September 2011

Month Ago

Year Ago

Week Ending

Oct 21

9.21
7.24
7.29
7.36
7.00
8.50
8.06

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

Monthly

Daily

12
11

Commercial Bank Average Weighted Lending Rate (AWLR)

6.48

6.40

6.58

8.11

8.11

8.68

13.70
August 2011

Saving Deposits - NSB

One Year Fixed Deposits - NSB

13.74
Month Ago

5.00
8.50

15.35
Year Ago

5.00
8.50

5.00
9.50

(05 Y&09 Months)

(07 Y&06 Months)

(12 Years)

13/10/2011

13/10/2011

13/10/2011

5.80
8.85

8.50
8.95

7.00
9.15

Weighted Average Yield(Excluding 10% withholding tax)

Max

9.00

Max

Commercial Bank Average Weighted Deposit Rate (AWDR)

Commercial Bank Average Weighted Fixed Deposit Rate
(AWFDR)

Treasury Bonds Auction

Coupon rate

INTEREST RATES- Call

Money
(Minimum and Maximum)

10

Ave
Ave

8.00

9
8

7.00

Min

7
Min

6
J
,10

6.00
J
,11

13 17

Last 4 Weeks

INTEREST RATES
3 Month & 12 Month
Treasury Bills Yield
Monthly

Weekly

8.5

8.5

8.0

3 Month

12 Month
7.5
7.5

7.0
6.5

3 month

12 Month
6.5

6.0

Jan ,11
F M A M J Jy A S

13

Last 4 Weeks

Call money rates remained between 7.90 to 8.25 per cent during the week.
*AWPR - Average for the month of September 2011 - 9.36
Bankwise- AWPR

Week ending

Week Ago

Bankwise- AWPR

21/10/2011
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

10.06
11.00
9.74
8.68
10.63
9.47
10.39
11.86
9.46
9.20
9.91
-

Week ending

Week Ago

21/10/2011

10.16
10.19
9.44
8.74
10.37
10.27
10.52
11.36
9.22
9.76
9.49
-

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

9.23
8.48
7.75
8.80
10.25
10.86
11.50
9.39
11.71
10.50
9.25

9.43
8.97
7.96
8.24
10.25
10.86
11.50
13.62
11.71
10.50
9.25

Government Securities Market

Weekly Summary of Primary & Secondary Market Transactions
and Weighted Average Yield Rates
Item/ Week Ended
Item / Week Ended
WeekEnding
WeekEnding
Oct 19
Oct 12
Secondary Market
2011
2011
Rs.Mn
Rs.Mn
Weighted Average
Outstanding Stock of Government Securities
Yield Rates
T-bills
Treasury Bills
Outstanding
694,290
694,101
Purchased
o/w, amounts held by PDs
69,848
69,848
<= 91 days
o/w, amounts held by Foregin Investors
68,590
67,220
<= 182 days
T-bonds
Primary Issues
T-bills

Outstanding
o/w, amounts held by PDs

2,004,889
47,355
198,810

2,011,076
47,355
198,520

Amount Offered
Total Bids Received
Total Bids Accepted

12,000
15,947
6,828

10,000
19,248
4,826

Amount Offered
Total Bids Received
Total Bids Accepted

3,000
6,672
3,437

0
0
0

<= 91 days
< 182 days
< 364 days

7.24%
7.29%
7.36%

7.21%
7.27%
7.34%

Last Issue
Last Issue 15/ 02/2011
Last Issue 17/01/2011
Last Issue 15/07/2011
Last Issue 16/06/2011
Last Issue 17/10/2011
Last Issue 01/02/2011
Last Issue 01/03/2011
Last Issue 23/10/2003

0.00%
7.77%
7.99%
8.20%
8.60%
8.85%
9.15%
9.30%
6.08%

0.00%
7.77%
7.99%
8.20%
8.60%
8.70%
9.15%
9.30%
6.08%

o/w, amounts held by Foregin Investors

T-bonds

Latest Primary Issues

T- bills

T- bonds
<2year
2year
3year
4year
5year
6year
10 year
15 year
20 year

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

WeekEnding
Oct 19
2011
After Tax

WeekEnding
Oct 12
2011
After Tax

7.24%
7.30%

7.27%
7.30%

<= 364 days

7.37%

7.40%

<= 91 days
<= 182 days
<= 364 days

7.20%
7.25%
7.33%

7.21%
7.25%
7.35%

0.00%
7.75%
8.20%
8.85%
8.95%
9.15%
9.25%
0.00%

0.00%
7.60%
8.15%
8.75%
8.85%
0.00%
0.00%
0.00%

0.00%
7.70%
8.15%
8.80%
8.90%
9.05%
9.15%
0.00%

0.00%
7.50%
8.05%
8.70%
8.80%
0.00%
0.00%
0.00%

Sold

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

Secondary Market Yield

Yield (%)
10.5%
10.0%

6,643
5,032

6,923
7,102

24,236
736

19,287
2,343

9.5%
9.0%
8.5%
8.0%
Month ago

7.5%

week ago

7.0%

19/10/2011

6.5%

2,530
2,567

7,021
5,360

88,923
9,213

39,776
10,660

Maturity

Source :Primary Auctions & Primary Dealer Weekly Reporting System

Buying and Selling prices of Treasury Bonds

Treasury Bonds - Yield Curves

08.50%2018B
07.50%2018A
05.35%2026A
07.00%2023A

15
15
15
20

15/07/2018
15/08/2018
01/03/2026
01/10/2023

97.19
91.97
69.23
84.24

9.06
9.10
9.27
9.20

97.68
92.44
69.84
84.82

8.96
9.00
9.17
9.11

453

87

178

2750

7.56
7.73
7.80
7.85
9.04
9.13
8.94

No: of days to Maturity

Month ago
Yield (%)
11.00
10.50

Yield on Ave.
Buying Price

10.00
9.50
9.00
8.50
8.00
7.50
7.00

Yield on Ave. Selling Price

389

23

6.50
5281

101.07
101.21
99.50
99.35
97.09
82.57
97.91

Yield on Ave. Selling Price

6.00
2296

7.66
7.82
7.90
7.97
9.14
9.19
9.05

6.50

2778

100.95
101.06
99.34
99.14
96.56
82.24
97.38

7.00

1625

15/01/2013
15/07/2013
01/08/2013
01/11/2013
01/05/2019
01/08/2020
01/02/2018

7.50

2324

10
10
10
10
10
10
15

8.00

1653

08.50%2013A
08.50%2013B
07.50%2013A
07.50%2013B
08.50%2019A
06.20%2020A
08.50%2018A

8.50

955

9.03

9.00

1334

82.33

Yield on Ave. Buying Price

9.50

1362

9.15

10.00

743

81.75

Yield

983

15/01/2019

10.50

634

7.45
7.90
8.02
7.35
7.31
7.75
7.41
7.43
7.64
7.75
8.12
8.14
8.62
8.68
7.36
8.13
8.74
7.38
7.53
7.86
8.10
8.75
8.71
8.78
8.77
8.86
8.81
8.98

771

05.65%2019A

20/10/2011

Yield **

632

06.90%2012A
08.84%2013A
06.60%2014A
14.50%2012A
14.50%2012B
06.75%2013A
13.50%2012A
13.50%2012B
13.50%2013A
11.50%2013A
07.00%2014A
06.60%2014B
06.20%2015A
06.20%2015B
06.85%2012C
11.25%2014A
06.50%2015A
06.85%2012A
06.85%2012B
10.50%2013A
11.75%2014B
11.75%2015A
11.00%2015A
11.00%2015B
07.25%2016A
06.40%2016A
06.40%2016B
05.80%2017A

Bond Series

Average
Selling
Price *
99.58
101.67
97.07
101.60
102.19
98.29
102.62
104.03
107.00
105.70
97.63
96.42
93.28
92.38
99.79
107.50
92.97
99.75
99.37
103.54
107.95
108.65
107.21
107.14
94.49
90.55
90.48
86.95

192

Quoted by Primary Dealers on 20/10/2011

Maturity
Average
D/M/Y
Buying
Yield **
Price *
01/08/2012
99.51
7.54
05/10/2013
101.49
8.00
01/02/2014
96.87
8.12
15/01/2012
101.58
7.42
15/02/2012
102.16
7.42
01/09/2013
98.14
7.83
01/04/2012
102.57
7.51
01/07/2012
103.96
7.53
01/02/2013
106.89
7.73
15/06/2013
105.56
7.83
01/03/2014
97.43
8.21
01/06/2014
96.21
8.24
15/01/2015
93.08
8.69
15/06/2015
92.12
8.76
01/03/2012
99.76
7.45
15/07/2014
107.16
8.26
15/07/2015
92.74
8.82
15/04/2012
99.70
7.48
15/10/2012
99.28
7.63
01/04/2013
103.44
7.94
01/04/2014
107.66
8.23
15/03/2015
108.42
8.83
01/08/2015
106.85
8.82
01/09/2015
106.79
8.88
01/04/2016
94.13
8.88
01/08/2016
90.26
8.94
01/10/2016
90.07
8.93
15/01/2017
86.66
9.05

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

No of days to Maturity

Year ago
Yield on Ave.

Yield (%)
10.50
10.00
9.50

Yield on Ave. Buying Price

9.00

8.50
8.00
7.50
7.00

Yield on Ave. Selling

Price

6.50

2112

1729

1259

1016

835

620

483

285

118

12

6.00

No. of Days to Maturity

Two way quotes for Treasury Bills

20/10/2011
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

99.86
99.41
98.81
98.21
97.61
97.01
96.40
95.81
95.21
94.60
93.99
93.37
92.74

7.11
7.18
7.24
7.26
7.28
7.29
7.32
7.31
7.31
7.32
7.34
7.36
7.38

99.86
99.42
98.83
98.23
97.64
97.04
96.44
95.84
95.24
94.63
94.04
93.43
92.81

7.09
7.05
7.13
7.18
7.18
7.22
7.24
7.25
7.26
7.27
7.27
7.29
7.31

0.00
0.01
0.02
0.02
0.03
0.03
0.04
0.03
0.03
0.03
0.05
0.06
0.06

Money Market Activity - Volumes

Week Ending

( Rs. Mn )

20 Oct 2011

Inter - bank Call Money Turnover (a)

Central Bank Holdings (a)
Treasury bills

Week Ago

Year Ago

11,309

10,170

7,973

68,208

74,493

9,570

(a) Daily average for week

Open Market Operations

17.10.2011

18.10.2011

19.10.2011

20.10.2011

21.10.2011

30.00
31.75
30.00
7.08

36.00
35.03
35.03
7.08

32.00
31.38
31.38
7.08

26.00
24.94
24.94
7.08

26.00
24.89
24.89
7.08

11.16
-

2.72
-

3.40
-

5.99
-

3.14
-

2011

2010

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 *

2011

Total Number of Active Cards

Local (accepted only locally)
Global (accepted globally)

End Aug**
829,573
61,711
767,862

Outstanding balance (Rs. Mn.)

Local (accepted only locally)
Global (accepted globally)

34,711
1,044
33,667

End July End December

822,153
778,474
61,614
58,771
760,539
719,703
33,917
1,022
32,895

31,616
840
30,775

* Issued by Licensed Commercial Banks

14Rs. Bn.

** provisional

Commercial Paper Issues

12

Commercial Paper Issues (1)

Total Issues ( Rs. bn.)
Outstanding ( at the end of the period )

( Rs. bn. )

2010

10

2011

2011

2010

End Aug*
4.1

End July
3.1

End December

12.3

2.5

1.8

4.3

2011

4
2
0

* Provisional

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

M
Month

Jy

SHARE MARKET INDICES

Share Market

Week Ending

Week Ago

Year Ago
Month end

20 Oct

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

6,282

6,586

Daily
7700

6,664

MPI

7400

Milanka Price Index (31/12/1998 = 1000) (MPI)

5,629

5,911

7,229

921

2,037

2,954

2,256.5

2,365.5

MPI

7100

6500.0

6800
6500

6200

Average Daily Turnover (Rs. Mn)

Market Capitalisation (Rs.bn.)

The All Share Price Index and the Milanka Price index have decreased by 304 and 282 index points
respectively.The Average Daily Turnover has deecreased by Rs.1116 mn.

2,204.3

5900

ASPI

5600

ASPI

5300
1500.0

5000

J ,10

J ,11

9 13 17 21

Month

Money Supply (c)

2011 (a)

Month Ago

Year Ago

August

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

MONEY SUPPLY M1
Annual Changes

436.5

433.0

361.3

2,059.4

2,025.9

1,679.2

33.5

2,339.7

2,312.3

1,939.7

28.5

300.2

324.4

330.4

Monetary Authorities (Rs. bn.)

506.0

510.1

443.3

13.5

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

-80.7

-78.9

-63.2

3.5

-125.1

-106.8

-49.7

-1.5

2,039.5

1,987.9

1,609.3

-6.5

1,829.7

1,795.7

1,486.0

209.8

192.2

123.3

773.0

731.2

697.4

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

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

DBUs (Rs.bn.)
FCBUs (Rs. bn.)

Net Credit to Government (Rs.bn)

Monetary Authorities (Rs. bn.)

23.5
18.5

95.5

96.6

113.7

495.6

487.2

FCBUs (Rs. bn.)

139.9

139.0

96.5

141.5

143.4

108.1

DBUs (Rs.bn.)

70.7

69.4

78.1

FCBUs (Rs. bn.) (Revised)

70.8

73.9

30.0

1,775.7

1,724.8

1,324.5

%
23

1,593.8

1,544.4

1,172.6

21

181.8

180.4

151.8

419.9

413.2

336.8

DBUs (Rs.bn.)
FCBUs (Rs. bn.) (Revised)

Reserve Money (Rs. bn.)

Annual Change (%)

20.8

23.3

26.5

22.6

22.7

17.0

20.6

20.7

13.9
20.5

-9.2

-3.1

14.1

23.9

42.7

-27.6

-89.8

-461.9

Foreign currency Banking Units (FCBUs)

-151.8

-204.6

-96.2

Net Domestic Assets of the Banking System (b)

Monetary Authorities
Domestic Banking Units (DBUs)

13

22.9

20

Net Credit to Government

10.8

6.0

-2.1

18

Monetary Authorities

-16.0

-18.8

-6.5

10.3

5.0

4.7

14

FCBUs

45.1

40.7

-23.2

12

30.8

32.6

199.2

-9.5
135.8

-12.1

116.2

154.0

13.7

20.5
24.5

5.1
21.8

Reserve Money

Jy

22

DBUs (d)

19.7
24.7

24

16

FCBUs (Revised)

83.7

12.7

MONEY SUPPLY M 2b
Annual Changes

70.2

35.6

Month

FCBUs

33.9

11.9

35.9

2010

12.6

34.1

21.6

DBUs

15

25.7

Credit to the Private Sector (Revised)

17

23.1

FCBUs (Revised)

Jy

2011

26.7

DBUs

19

DBUs

Credit to Corporations (Revised)

MONEY SUPPLY M 2
Annual Changes

11

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

Month

537.6

Credit to the Private Sector (Rs.bn) (Revised)

2010

DBUs (Rs. bn.) (d)

Credit to Corporations (Rs.bn) (Revised)

2011

8.5

2011

2010

10

8
J

Jy A
Month

(a) Provisional
(b) In relation to M2b
(c) Includes assets/liabilities of National Development Bank which merged with NDB Bank Ltd.
with effect from August 2005.
(d) Restructuring bonds worth Rs.19,392.6 million, which were issued by the government to the

400
350
300

D/4

N/3

S/2

Week

O/2

J/5

A/3

200
M/4

-50

2010

250

M/3

431,230

Change

J/1

431,180

Week ago

F/2

20 Oct. 2011

A/1

to Government since October 2006.

Reserve Money (Rs.mn.)

2011

450

two state banks, have been converted to Treasury bonds upon their maturity in October 2006.
This amount , which previously appeared under Other Assets has been included in Net Credit

Weekly change in Reserve Money

WEEKLY CHANGE IN RESERVE

MONEY

Rs.bn
500

Pettah Market
Week Ending
20/10/2011

Average Wholesale Prices

Week Ago

Month
Ago

Year Ago
Annual Ave.

RRs/Kg

62

62.50
51.00
100.00
30.00
60.00
60.00
30.00
30.00
10.00
50.00
85.00
60.00
82.50
245.00
100.00
9.80
25.50

62.50
49.00
100.00
35.00
80.00
35.00
35.00
35.00
20.00
40.00
95.00
67.50
86.50
250.00
99.00
10.30
27.00

58.90
46.10
96.00
29.00
68.00
33.60
37.00
23.75
34.00
33.00
82.92
56.60
97.13
249.60
98.00
10.13
29.60

64.29
52.70
97.78
48.87
82.63
72.11
30.66
41.62
45.16
60.79
94.01
76.16
83.14
160.89
135.85
12.75
28.42

2010

52
42

2011

32
J/1

320.00
180.00
90.00
360.00
Week Ending
20/10/2011

365.00
250.00
100.00
400.00
Week Ago

372.00
248.00
127.50
506.25
Month
Ago

326.54
224.78
105.68
371.57
Year Ago
Annual Ave.

M/4

J/5

A/1

S/2

O/2

N/3

D/4

O/2

N/3

D/4

Beans

Rs/Kg
300

2011

250

2010

200
150
100
50
J/1

F/2

M/3

A/4

M/4

J/5

A/1

S/2

Week

Potatoes

Rs/Kg
195

2010

2011

155
115
75
35
J/1

F/2

M/3

A/4

M/4

J/5

A/1

S/2

O/2

N/3

D/4

Kelewalla

Rs/Kg
450
380
310
240
170
100

W
2011

2010

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

Week Ago
Avg
55.73
47.38
45.50
48.00

2011

D/4

N/3

S/2

Week

O/2

J/5

A/1

A/4

M/4

2010

Rs/Kg
150.00
130.00
110.00
90.00
70.00
50.00

Potatoes
2011
2010
N/3

D/4

N/3

D/4

S/2

O/2
O/2

J/5

Week

A/1

2009

Kelawalla

Rs/Kg
500
400

Month Ago

2010

Year Ago

J/5

A/1

M/4

M/3

J/1

F/2

A/4

2011

200

S/2

300

Rs/Kg
Week Ending
21/10/2011
55.50
47.32
47.60
48.50

Beans

M/4

421.43
279.56
140.26
450.99

Week
Rs/Kg
300.00
250.00
200.00
150.00
100.00
50.00
M/3

475.00
352.50
172.50
587.50

2011

A/4

450.00
375.00
130.00
550.00

2010

M/3

490.00
260.00
130.00
460.00

Rice - Kekulu

Rs/Kg
80.00
70.00
60.00
50.00
40.00

J/1

70.38
59.18
117.65
73.14
102.16
94.12
48.24
62.27
58.14
77.16
121.85
91.54
100.10
196.80
147.65
13.33
32.45

F/2

65.00
54.80
94.40
60.00
88.00
52.00
58.00
56.00
60.00
66.00
105.00
68.75
113.00
277.50
120.00
10.20
35.00

J/1

65.00
53.00
120.00
60.00
100.00
60.00
60.00
60.00
40.00
60.00
120.00
80.00
100.00
280.00
120.00
10.50
33.00

Marandagahamula
Average Wholesale Price of Rice

Week

Narahenpita Economic Centre (Rs/Kg.)

55.60
42.59
42.52
45.14

64.12
55.62
54.35
56.31

Retail Prices
Item

Average
20/10/2011 Week Ago

Rice

58.00

62.20

Samba
Kekulu (Red)
Beans
Cabbage
Carrots
Tomatoes
Pumpkins

45.50

53.60

Snake Gourd

60.00

60.00

40.50
21.60
41.20

56.50
42.50
68.50

Brinjals
Ash-Plantains
Red-Onions (Imported)
Big-Onions (Imported)

60.00
70.00
0.00
80.00

50.00
70.00
0.00
70.00

67.50
71.00
36.00

89.50
107.00
49.50

Potatoes (Imported)
Dried Chilies (Imported)
Dhal (Indian)

80.00
280.00
120.00

80.00
280.00
120.00

71.90

92.50

9.20
35.00

11.50
35.00

243.60

275.00

61.50
86.88
24.00

73.00
124.00
29.50

660.00
n.a.
120.00
700.00

440.00
n.a.
120.00
720.00

Dambulla Market
Week Ending- 20 Oct 2011 (Rs/Kg)
Wholesale
Retail
(Average)
(Average)

Food Item

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)

A/4

Week

F/2

68.00
55.00
120.00
60.00
80.00
80.00
60.00
60.00
30.00
70.00
100.00
80.00
100.00
280.00
120.00
10.00
30.00

* Prices collected from the Fisheries Trade Centre, Peliyagoda.

Rice
Samba
Kekulu (Red)

M/3

Week

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)

Samba
Sudu Kekulu
Raw Red
Nadu

F/2

Week

Average Retail Prices

Item

Rice - Kekulu

82
72

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)

Eggs (Red)(Each)
Coconut (Each)

68.00
51.00
90.00
60.00
90.00
60.00
60.00

68.00
52.00
80.00
60.00
90.00
50.00
60.00

Fish
Kelawalla
Balaya
Salaya
Paraw (Small)

Price Indices

September 2011

Colombo Consumers' Price Index (CCPI )

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

151.7
7.2
6.4

Month Ago

151.3
7.1
7.0

Year Ago

142.6
5.3
5.7

PRICE CHANGES (CCPI )

Annual Average

12.0
10.0

2011
8.0

Core Inflation - ( CCPI )

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

152.4
7.6
6.9

152.7
7.5
7.8

142.5
6.5
6.2

2010

6.0
4.0
2.0

July 2011 *

Wholesale Price Index (WPI)

(1974 = 100)
Annual Average Change %

4,139.9
14.7

Month Ago

4,207.0
14.2

Year Ago

Jy

Month

3,704.8
8.7

* Provisional

Central Govt.

Jy

Jy

11/J

Months

10/J

Jy

Wages Boards

09/J

(b) Non-executive officers and minor employees

4.4
0.5
16.9
19.8

4800
4400
4000
3600
3200
2800
2400
2000
1600
1200
800

Jy

2,813.8
3,319.8
2,054.0
1,545.8

6.7

WAGE INDICES
(1978 = 100)

08/J

(a) Provisional

2,936.4
3,337.0
2,402.1
1,851.8

% Change

Jy

Workers in Wages Boards Trades (1978 = 100)

Agriculture
Industry & Commerce
Services

2010
June
4,651.6

07/J

Central Government Employees (1978 = 100) (b)

2011 (a)
June
4,964.5

06/J

Wage rate Indices

Agriculture Production

2011*

2010

Jan - Aug

Jan - Aug

% Change

Tea (Mn Kg)

220.9

222.7

-0.8

Rubber (Mn Kg)

105.9

98.1

8.0

AGRICULTURAL
PRODUCTION-Tea

Mn.Kg.
350
300

2011

250
200
150

Coconuts (Mn Nuts)

1,482.6

1,734.0

-14.5

100
W
M
C

2010

50
0

* Provisional

Industrial Production

2011 *
Jan-Aug

2010
Jan - Aug

% Change

Private Sector Industrial Production Index

(1997 = 100)

201.9

185.2

9.0

Public Sector Major Industrial Output Index

(1997 = 100)

80.4

66.1

21.6

J Jy Au S
Month

* Provisional

Government Finance
Revenue and Grants (Rs.bn)
Revenue (Rs.bn)
Tax
Non tax
Grants
Expenditure & Lending Minus Repayments (Rs.bn)
Current
Capital & Lending Minus Repayments
(a) Provisional
Total revenue & Grants increased by 16.7 per cent compared to January - July 2010.
Government Debt

2011 *
Jan- July
504.7
498.7
443.2
55.5
6.1

2010
Jan- July
432.4
425.0
372.4
52.6
7.4

793.1
586.9
206.1

705.0
550.4
154.6

Rs. bn.
800
750
700
650
600
550
500
450
400
350
300
250
200
150
100
50
0

GOVERNMENT REVENUE &

EXPENDITURE 2011
Expenditure
Expenditure

Revenue
Month

2011 *
End July
2,755.0

Month Ago

2,746.8

2,578.6

614.5
1,752.2
80.8

616.1
1,703.4
81.2

576.9
1,560.4
95.8

Year Ago

Total domestic debt

of which
Treasury bills
Treasury bonds
Rupee loans

Rs bn

Total foreign debt

Rs bn

2,264.8

2,125.3

1,885.4

Total outstanding govt. debt

Rs bn

5,019.8

4,872.1

4,464.0

Rs. bn

3200

GOVERNMENT DEBT

2800
2400
2000

1600
1200

800
400
0

* Provisional

Total outstanding government debt increased by 9.4 per cent compared to end December 2010.

External Finance
External Assets
Total Reserves (b) (c)
Gross Official Reserves (b) (c)
Workers' Remittances
Inflows
Outflows
Net

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

2011 (a)

2010

End Aug

End Dec

9,292.7
1,021,203.4
8,050.7
884,723.0

8,034.5
891,456.7
6,610.2
733,426.5

2011 (a)

2010

Jan - July

Jan - July

2,922.0
321,988.3
259.0
28,557.8
2,662.9
293,430.5

2,326.1
264,953.1
228.9
26,078.4
2,097.2
238,874.8

% Change

Rs.bn

EXTERNAL ASSETS

1100

15.7
14.6
21.8
20.6
% Change

25.6
21.5
13.1
9.5
27.0
22.8

700
500
300

Gross Official

100

Month

PRIVATE REMITTANCES -NET

Rs.bn
400

(a) Provisional

300

(b) Excluding ACU receipts

200

(c) By end August 2011, the total level of foreign reserves were equivalent to 6.3 months
of imports and the gross official reserves were equivalent to 5.4 months of imports.

Total

900

2011

2010

100
0
J

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

2011
Jan-July

2010
Jan-July

J Jy A
Month

% Change
US$ Mn

662,783
147,001
507,685
8,089
8
1,221,793
235,405
712,997
264,295
9,097
-559,011

525,832
133,523
386,093
6,211
5
851,672
161,459
497,347
176,956
15,910
-325,840

26.0
10.1
31.5
30.2
37.7
43.5
45.8
43.4
49.4
-42.8
-71.6

6,014
1,334
4,607
73
0
11,091
2,136
6,473
2,399
83
-5,077

4,617
1,172
3,390
55
0
7,477
1,417
4,367
1,553
139
-2,860

30.3
13.8
35.9
34.7
48.3
50.7
48.2
54.4
-40.6
-77.5

EXPORTS (Cumulative)

9,000
8,000
7,000
6,000

2011

5,000
4,000
3,000
2,000

2010

1,000

0
J

Jy

Month

US$ Mn

IMPORTS(Cumulative)

15,000
14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0

2011

2010

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.

2011
Jan-July

507,685
37,495
265,037
34,309
85,216
85,629

2010
Jan-July

386,093
35,860
212,540
12,709
58,772
66,212

% Change
31.5
4.6
24.7
170.0
45.0
29.3

INDUSTRIAL EXPORTS
(Cumulative)

US$ Mn.
7,000
6,000
5,000
2011

4,000

Food, Beverages and Tobacco

Textiles and Apparel
Petroleum Products
Leather, Rubber etc
Other

4,607.0
340.3
2,405.0
311.3
773.3
777.0

Trade Indices *

2011**

(1997 = 100 )

June

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

3,390.4
314.9
1,866.4
111.6
516.2
581.2
Month ago

35.9
8.1
28.9
179.0
49.8
33.7

2010

1,000
0
J

US$ Mn.
Rs.Mn.

160.1
122.7
130.5

335.4
208.3
161.0
86.5

345.3
191.2
180.6
80.2

227.8
168.4
135.3
96.5

580.1
63,901.0

Colombo Auction Price

Tea Prices

Crude Oil
Wheat

Jy

2010
Jan -Sep

445,228

% Change

34.3

128

2011
July

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

2010

88
68
J

391.8
44,497.3

49.0
44.3

J Jy
Month

2010
July

% Change

344.11
3.04

-1.5
1.7

55,310.8
505.1
81,766.3
746.7
12,357.4
112.9
38,031.1
347.3

73,888.4
653.5
68,400.8
605.0
8,313.2
73.5
26,953.7
238.4

-25.1
-22.7
19.5
23.4
48.6
53.5
41.1
45.7

2011
2010

200
0
J

Rs./Kg
500

Jy

TEA PRICES (Imports)

2011

400

338.99
3.10

TOURIST ARRIVALS
Cumulative

'000
600

2010

300

Rs / Kg
US$ / Kg

2011

108

Month

International Commodity Prices

White Sugar

Index

* Provisional

Imports (C I F)
Rice

Month

400

Earnings from Tourism

TRADE INDICES- TERMS OF TRADE

(1997 = 100)

214.9
148.3
144.9

598,006

2,000

Year ago

210.6
151.1
139.3

2011*
Jan -Sep

3,000

200

M
J

Jy

Month

RICE PRICES ('000 )

Rs/Kg
100
80
60
40
20
0
J

2011
2010
F

Month

Jy

SM O

CRUDE OIL PRICES

Rs/Brl
14,500
11,500

2011

8,500
2010

5,500
2,500
J

Jy

Month

MO

10

Brent(New
York closing
price)
(US $/bbl)

WTI (Europian
Market)

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

(US $/bbl)

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

76.58
74.07
79.00
84.59
75.69
74.75
76.23
77.87
78.25
83.01
85.91
92.32

78.32
76.38
81.20
84.38
73.71
75.20
76.13
76.60
75.16
81.89
84.23
89.15

14 October
17 October
18 October
19 October
20 October

84.05
81.52
82.08

82.71
79.57
81.93

77.79
78.23
85.02
84.83
77.26
73.53
73.53
75.54
80.99
84.85
90.37

2011
Spot Prices
Brent(New York WTI (Europian
closing price)
Market)
(US $/bbl)

(US $/bbl)

97.33
103.71
115.39
124.41
116.85
114.72
117.35
111.14
114.92

89.26
88.66
102.86
109.53
101.54
96.50
97.19
86.33
85.42

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

95.33
103.18
111.31
119.45
111.50
111.21
112.85
107.74
108.43

Crude Oil Prices

130
Brent

110
90
70

WTI

50
30

Sep-08
Nov-08
Jan-09
Mar-09
May-09
Jul-09
Sep-09
Nov-09
Jan-10
Mar-10
May-10
Jul-10
Sep-10
Nov-10
Jan-11
Mar-11
May-11
Jul-11
Sep-11

Average Crude Oil Prices

2010
Spot Prices

Month

Month/Date

115.33
113.92
112.07
112.56
109.80

86.94
86.43
88.21
86.05
85.98

TOU M

Sources: Reuters
Energy Information Administration (Web Site)
Ceylon Pertoleum 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

2011 *

2010

2010*

2 nd Quarter

2 nd Quarter

Annual

1.9
9.5
8.8
8.2

6.3
9.2
8.6
8.5

7.0
8.4
8.0
8.0

Growth Rate

Agriculture
Industry
Services
GDP

Real GDP
(Percentage change)
9

8
7

6
5
4
3

* Provisional

Source: Department of Census and Statistics

1
0

08' 09' 09' 09' 09' 10' 10' 10' 10' 11' 11'
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2

Year / Quater

(a) Data exclude Northern Province

5.9

5.3

5.2

6.2

5.0
5.7

4.9
5.4

4.3

4.5

1Q 11

5.3

4Q 10

5.2

5.1

3Q 10

32.7
24.2
43.1

2Q 10

33.7
24.7
41.6

Rate
20
18
16
14
12
10
8
6
4
2
0

1Q 10

32.3
25.1
42.7

Unemployment Rate

4Q 09

48.1
4.9

3Q 09

Annual

48.2
5.0

2Q 09

1 st Quarter

48.0
4.3

1Q 09

1 st Quarter

4Q 08

2010(a)

'3Q 08

Employed Persons by Sectors %

Agriculture
Industry
Services and Other

2010(a)

'2Q 08

Labour Force Participation rate

Unemployment rate

2011(a)

'1Q 08

Employment

Year/Quarter

The information contained in this issue is based on the Central Bank's own computations and data supplied
by other institutions.
97Mn.Kg.
96
% Months
PRICE CHANGES
AGRICULTURAL
97 (CCPI)
Months
PRODUCTION

11