CENTRAL BANK OF SRI LANKA

SELECTED WEEKLY
ECONOMIC INDICATORS
28 December 2012

Statistics Department
30, Janadhipathi Mawatha
Colombo 1

Tel.
E-mail

: (94 11) 2477579

: stat@[Link]

Website : [Link]

SRI LANKA ECONOMIC INDICATORS

28.12.2012

Exchange Rates
(Rs Per Unit)
Commercial Bank Avg. Middle Rate (prevailing at 9.30a.m.)
US$
STG
Yen
Euro
INR(1)
SDR
( As at 26 December 2012 )

Week Ending

Week Ago

Year Ago

December 28

127.05
204.59
1.47
168.13
2.32
195.24

126.11
204.88
1.50
166.31
2.34
198.48

Central Bank purchases and sales of foreign exchange from

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

October
2012

Month Ago

Year Ago

Purchases
Sales

36.70
6.40

23.00
300.00

0.00
431.58

Week Ending

Week Ago

Year Ago

37.52

Average Daily Interbank Volume (US$ Mn.)

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

EXCHANGE RATES
(US$ and STG 2011-2012)

113.90
178.40
1.46
148.84
2.15
175.68

50.44

Month end

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

STG

69.96

US$

J A
2011

Jy O

J A
2012

STG

US$

Jy O

13

17

Last 4 Weeks

Forward Rates (US$) (2)

127.57
129.85
13.31
1,007.39

1 Month
3 Months
Average Daily Interbank Forward Volume (US$ mn)
Outstanding Forward Volume (US$ mn) (As at 26 December 2012 )

114.88
116.10
21.84
1,537.56

129.71
131.46
14.94
1,018.05

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

(1) Central Bank indicative rate

(2) Weekly average based on actual transactions.

Interest Rates (%)

Week Ago

Year Ago

14.40
10.00
11.32
11.69
7.50
9.50
9.85

14.15
10.23
11.53
12.18
7.50
9.50
10.13

10.41
8.58
9.21
7.00
8.50
9.18

9.91
10.96
12.50
13.20
13.73
14.23

9.96
11.02
12.56
13.23
13.77
14.27

9.02
9.30
9.55
9.74
10.01
10.25

Week Ending

INTEREST RATES- Call

Money
(Minimum and Maximum)

December 28

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

Daily

Monthly
12

10.70

Ave

11

10.50

Max

10

10.30

September 2012

Month Ago

Year Ago

0.75-10.50
5.00-15.60

0.75-10.50
5.25-15.50

1.00-8.50
5.05-11.75

November 2012

Month Ago

Year Ago

9.80

9.46

6.72

12.78

12.32

8.21

October 2012

Month Ago

Year Ago

15.57

15.38

13.60

Month Ago

Year Ago

5.00
12.50

5.00
8.50

Commercial Bank Average Weighted Deposit Rate (AWDR)

Commercial Bank Average Weighted Fixed Deposit Rate
(AWFDR)

9
10.10

8
Min

9.90

7
Min
9.70

6
Jy
,11

Jy

Commercial Bank Average Weighted Lending Rate (AWLR)

November 2012

Saving Deposits - NSB

One Year Fixed Deposits - NSB

5.00
12.50
(02 Y & 02 Months)

(04 Y & 02 Months)

(06 Y & 03 Months)

26/07/2012

26/07/2012

26/07/2012

9.00
13.62

6.40
14.10

8.00
14.25

Weighted Average Yield(Excluding 10% withholding tax)

13

17

Last 4 Weeks

INTEREST RATES
3 Month & 12 Month
Treasury Bills Yield

Weekly

Monthly

Treasury Bonds Auction

Coupon rate

Max

Ave

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
7.0
6.5

12 Month
12.8

12 Month

11.8

10.8

3 Month
3 Month
9.8
1

J M S J M S
,11
,12

13

Last 4 Weeks

Call money rates remained between 9.80 to 9.95 per cent during the week.
*AWPR - Average for the month of December 2012 - 14.29
Bankwise- AWPR

Week ending

Week Ago

Bankwise- AWPR

28/12/2012
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

14.23
16.50
15.24
14.42
15.83
17.34
17.93
18.50
15.88
16.68
17.06
-

Week ending

Week Ago

28/12/2012

14.69
22.00
14.61
14.64
15.37
17.46
16.28
18.50
16.03
16.65
16.99
-

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

12.55
14.40
13.16
12.71
15.23
15.73
15.00
15.39
16.46
14.32
15.41
-

12.35
14.61
13.07
11.80
15.32
15.73
15.00
14.87
16.46
15.00
15.41
-

Government Securities Market

Weekly Summary of Primary & Secondary Market Transactions
and Weighted Average Yield Rates
Item/ Week Ended
Item / Week Ended
WeekEnding
WeekEnding
December 19 December 12
Secondary Market
2012
2012
[Link]
[Link]
Weighted Average
Outstanding Stock of Government Securities
Yield Rates
T-bills
Treasury Bills
Outstanding
731,211
736,030
Purchased
o/w, amounts held by PDs
52,124
50,487
<= 91 days
o/w, amounts held by Foregin Investors
78,861
78,861
<= 182 days
T-bonds
Primary Issues
T-bills

Outstanding
o/w, amounts held by PDs

2,495,495
28,967
318,084

2,495,495
28,766
318,584

Amount Offered
Total Bids Received
Total Bids Accepted

15,000
46,647
17,032

12,000
38,838
13,429

Amount Offered
Total Bids Received
Total Bids Accepted

0
0
0

0
0
0

o/w, amounts held by Foregin Investors

T-bonds

Latest Primary Issues

T- bills

Yield Rates
10.23%
10.44%
11.53%
11.78%
12.18%
12.45%

<= 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
11/05/2012
02/08/2012
02/07/2012
02/08/2012
02/07/2012
01/03/2011
01/02/2012

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%
13.50%
14.10%
14.15%
14.25%
14.75%
9.30%
11.00%

0.00%
13.62%
13.50%
14.10%
14.15%
14.25%
14.75%
9.30%
11.00%

[Link]

[Link]

3,420
11,630

2,431
7,700

33,408
3,188

29,456
5,486

4,050
3,930

6,321
6,594

86,481
7,874

100,657
9,888

WeekEnding WeekEnding
December 19 December 12
2012
2012
After Tax
After Tax

10.40%
11.60%

10.65%
11.90%

<= 364 days

12.20%

12.60%

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

10.30%
11.40%
12.15%

10.50%
11.80%
12.45%

0.00%
12.40%
12.40%
12.60%
12.50%
0.00%
0.00%
0.00%

0.00%
12.60%
12.40%
12.60%
12.55%
0.00%
0.00%
0.00%

0.00%
12.10%
12.20%
12.30%
12.42%
0.00%
0.00%
0.00%
Secondary Market Yield

0.00%
12.40%
12.10%
12.40%
12.45%
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
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

19/12/2012

Maturity

Source :Primary Auctions & Primary Dealer Weekly Reporting System

Buying and Selling prices of Treasury Bonds

Treasury Bonds - Yield Curves

11.00

Yield on Ave. Selling Price

10.50

No of days to Maturity

Year ago
Yield (%)
10
9.5

Yield on Ave. Buying Price

9
8.5
8
7.5

Yield on Ave.
Selling Price

7
6.5

No. of Days to Maturity

26/12/2012
Remaining Maturity

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

99.81
99.17
98.32
97.47
96.46
95.51
94.43
93.46
92.48
91.52
90.49
89.50
88.36

9.72
10.10
10.23
10.25
10.77
10.92
11.29
11.36
11.43
11.46
11.57
11.61
11.80

99.82
99.20
98.35
97.52
96.54
95.60
94.52
93.57
92.59
91.63
90.64
89.66
88.50

9.38
9.76
10.04
10.08
10.51
10.71
11.11
11.18
11.27
11.32
11.39
11.44
11.66

0.01
0.03
0.03
0.04
0.09
0.09
0.09
0.10
0.11
0.10
0.15
0.15
0.14

2802

2238

47

228

10.00

Two way quotes for Treasury Bills

Average Buying
Price

6945

2775

2211

20

201

11.50

2750

11.98
12.03
12.05
11.76
11.76
11.83
12.41
12.26
12.25

1863

84.79
71.45
78.09
87.73
86.95
82.53
54.72
68.98
68.92

12.00

1890

12.27
12.32
12.28
11.93
11.94
11.96
12.66
12.49
12.58

12.50

2296

83.69
70.34
77.07
87.17
86.32
82.04
53.68
67.96
67.15

1467

01/05/2019
01/08/2020
01/01/2022
01/02/2018
15/07/2018
15/08/2018
01/03/2026
01/10/2023
01/01/2032

13.00

1494

10
10
10
15
15
15
15
20
20

Yield on Ave.
Buying Price

13.50

1280

08.50%2019A
06.20%2020A
08.00%2022A
08.50%2018A
08.50%2018B
07.50%2018A
05.35%2026A
07.00%2023A
08.00%2032A

14.00

1625

11.85
12.31
12.17
10.33
10.88
11.04
11.06

Month ago
Yield (%)

1334

73.73
80.42
79.98
99.88
98.74
97.98
97.17

948

12.08
12.53
12.37
10.57
11.13
11.24
11.25

1253

72.95
79.54
79.15
99.87
98.61
97.87
97.02

No: of days to Maturity

955

15/01/2019
01/11/2019
01/06/2020
15/01/2013
15/07/2013
01/08/2013
01/11/2013

750

8
8
8
10
10
10
10

10.00

975

05.65%2019A
08.00%2019A
08.00%2020A
08.50%2013A
08.50%2013B
07.50%2013A
07.50%2013B

Yield on Ave. Selling Price

10.50

461

11.75

11.00

777

84.36

11.50

743

11.87

12.00

310

83.93

Yield on Ave. Buying Price

12.50

488

15/11/2018

Yield
13.00

337

10.50
10.25
11.39
11.82
11.09
11.97
10.61
10.40
11.61
11.65
11.78
11.70
11.85
11.65
11.83
11.85
11.90
11.84
10.41
11.63
11.76
11.84
11.97
12.00
11.96
11.90
11.80
11.76

634

08.00%2018A

26/12/2012

Yield **

87

Average
Selling
Price *
98.77
99.11
95.16
95.60
97.21
91.81
100.23
100.48
95.03
93.50
90.06
88.49
89.38
99.43
88.54
88.75
87.82
86.96
99.96
100.10
99.94
98.14
97.79
87.45
84.10
83.67
81.09
79.42

453

08.84%2013A
09.22%2013A
06.60%2014A
09.00%2014A
06.75%2013A
08.50%2015A
13.50%2013A
11.50%2013A
07.00%2014A
06.60%2014B
06.20%2015A
06.20%2015B
08.00%2016B
11.25%2014A
06.50%2015A
08.00%2016A
08.00%2017A
08.00%2017B
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
05.80%2017B

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

Bond Series

178

Quoted by Primary Dealers on 26/12/2012

Maturity
Average
D/M/Y
Buying
Yield **
Price *
05/10/2013
98.61
10.72
21/11/2013
98.88
10.53
01/02/2014
94.93
11.63
01/10/2014
95.35
11.98
01/09/2013
97.07
11.31
01/11/2015
91.55
12.08
01/02/2013
100.20
10.88
15/06/2013
100.36
10.65
01/03/2014
94.82
11.81
01/06/2014
93.33
11.79
15/01/2015
89.76
11.97
15/06/2015
88.26
11.82
01/06/2016
89.13
11.95
15/07/2014
99.24
11.79
15/07/2015
88.28
11.96
01/09/2016
88.48
11.95
01/01/2017
87.54
12.00
15/06/2017
86.38
12.03
01/04/2013
99.89
10.65
01/04/2014
99.95
11.76
15/03/2015
99.67
11.90
01/08/2015
97.82
11.99
01/09/2015
97.46
12.12
01/04/2016
87.05
12.17
01/08/2016
83.69
12.12
01/10/2016
83.41
12.00
15/01/2017
80.67
11.95
15/07/2017
79.01
11.90

Money Market Activity - Volumes

Week Ending

( Rs. Mn )

26 Dec 2012

Inter - bank Call Money Turnover (a)

Central Bank Holdings (a)
Treasury bills

Week Ago

Year Ago

12,716

14,344

13,383

186,121

207,917

165,077

(a) Daily average for week

Open Market Operations

24.12.2012

26.12.2012

28.12.2012

9.50
0.02

9.93
0.01

4.13
6.74

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

Credit Cards *

2012 (a)

2012

End September

End August

2011

Total Number of Active Cards

Local (accepted only locally)
Global (accepted globally)

935,108
60,574
874,534

928,072
60,660
867,412

End Dec
862,352
61,320
801,032

Outstanding balance (Rs. Mn.)

Local (accepted only locally)
Global (accepted globally)

41,196
1,132
40,065

47,936
3,011
44,925

37,637
1,098
36,539

Rs. Bn.

Commercial Paper Issues

30

* Issued by Licensed Commercial Banks

(a) Provisional

25

2012

(b) Revised
Commercial Paper Issues

(1)

Total Issues - Cummulative ( Rs. bn.)

Outstanding (as at end of the period )

( [Link]. )

2012

2012

2011

End Sep*

End Aug

End Dec

25.9

21.4

13.5

10.7

10.9

8.1

20
15
10
5

2011

* 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

26 Dec 2012

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

5,571

Month end

5,527

6,015

7500.0

6000

7000.0

5,061

5,031

5,226

434

980

718

6000.0

5100

MPI

2,140

2,124

2,192

Both the All Share Price Index and Milanka Price index have increased by 44 and 30 index points respectively.
The Average Daily Turnover has decreased by Rs.546 mn.

MPI

4500.0

4800

4000.0

Market Capitalisation ([Link].)

ASPI

5400

5500.0
5000.0

Average Daily Turnover (Rs. Mn)

5700
L

ASPI

6500.0

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

Daily

8000.0

3500.0

4500
J M
,11

J M
,12

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)

2012 (a)
October

Month Ago

Year Ago
MONEY SUPPLY M1
Annual Changes

425.4

439.8

434.1

2,463.3

2,455.0

2,116.7

2,842.6

2,828.7

2,405.0

-20.9

-30.2

213.2

356.1

345.4

407.6

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

-124.2

-112.0

-75.7

3.5

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

-252.8

-263.6

-118.7

-1.5

Monetary Authorities (Rs. bn.)

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

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

2,863.4

2,858.9

2,191.7

2,491.3

2,479.4

1,989.5

33.5
28.5
23.5
18.5
13.5

372.1

379.5

202.3

1,035.1

787.5

Monetary Authorities (Rs. bn.)

320.0

332.0

176.8

DBUs (Rs. bn.)

589.0

566.4

484.4

FCBUs (Rs. bn.)

133.7

136.7

126.3

254.6

271.9

161.2

70.0

68.2

69.3

184.6

203.7

91.9

2,324.4

2,294.9

1,882.5

23
22

Credit to Corporations (Rs. bn)

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

Credit to the Private Sector (Rs. bn)

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

Reserve Money (Rs. bn.)

2012

-6.5

1,042.7

Net Credit to Government (Rs. bn)

2011

8.5

Jy

Month

MONEY SUPPLY M2
Annual Changes
24%

2,132.0

2,112.6

1,704.0

192.5

182.3

178.5

20

471.1

473.1

425.5

19

2012

21
2011

18

Annual Change (%)

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

17

-2.0

1.0

14.2

16.4

17.4

21.5

18.2

18.9

19.8

-109.8

-113.0

-49.1

Monetary Authorities

-12.6

-15.9

-21.2

Domestic Banking Units (DBUs)

-64.2

-72.6

-51.3

Foreign currency Banking Units (FCBUs)

-112.9

-131.1

-146.8

Net Domestic Assets of the Banking System (b)

30.6

33.1

38.0

DBUs

25.2

27.3

35.6

FCBUs

84.0

88.7

66.2

16
J

30.0

32.5

104.5

114.3

DBUs

21.6

12.7

15.6

FCBUs

5.9

3.8

36.1

16.0

58.0

92.9

31.2

14.0

1.0
100.9

-4.2
192.0

-21.7
168.2

23.5

25.5

33.4

DBUs

25.1

28.2

35.6

FCBUs

7.8
10.7

1.0
12.0

15.4
22.1

Reserve Money

Jy

22.0

81.0

FCBUs

%
24.0

32.4

Credit to the Private Sector

MONEY SUPPLY M2b

Annual Changes

Monetary Authorities

DBUs

Month

Net Credit to Government

Credit to Corporations

2012

20.0
18.0

2011

Jy

Month

(a) Provisional
(b) In relation to M2b

[Link]
550

WEEKLY CHANGE IN RESERVE

MONEY
2012

500
450
400

2011

350

Week

D/4

N/3

S/2

O/2

J/5

A/1

A/3

-2,970

300

M/4

496,040

Change

M/3

493,070

Week ago

J/1

Reserve Money ([Link].)

26 Dec 2012

F/2

Weekly change in Reserve Money

Pettah Market
Week Ending
28/12/2012

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

72

2011

62
52

42

Rs/Kg
240
210
180
150
120
90
60
30

A/4

M/4

J/5

Rs/Kg

Samba
Sudu Kekulu
Raw Red
Nadu

68.03
55.50
52.50
58.50

68.50
56.10
52.50
58.30

Dambulla Market
Week Ending - 26 Dec 2012 (Rs/Kg)
Wholesale
Retail
(Average)
(Average)

Food Item

Rice
Samba
Kekulu (Red)

69.88
55.38

72.75
59.00

28.88
41.00
56.88
60.63
115.63
82.50

51.25
65.00
77.50
92.50
153.75
131.88

90.00
186.00
89.75
103.13
35.50

112.50
214.38
118.13
130.00
41.88

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

2011

2012

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

Week
Rs/Kg

Kelewalla

505
435
365
295
225

2011

2012
W

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

2011

2012
Week

Beans

D/4

2012

N/3

2011

S/2

Rs/Kg
350.00
300.00
250.00
200.00
150.00
100.00
50.00

Week

Potatoes
2012

D/4

2011
2009
N/3

Rs/Kg
150.00
130.00
110.00
90.00
70.00
50.00

Week

Kelawalla

Rs/Kg
650

2012

550
450

Month Ago

D/4

N/3

S/2

O/2

J/5

A/1

M/4

A/4

M/3

2011
J/1

350

Rs/Kg
Week Ago
Avg

O/2

Potatoes

155

Marandagahamula
Average Wholesale Price of Rice
Week Ending
28/12/2012

S/2

195

* Prices collected from the Fisheries Trade Centre, Peliyagoda.

Item

A/1

O/2

460.67
331.82
141.59
514.77

M/3

S/2

534.00
318.00
132.50
412.00

D/4

O/2

540.00
340.00
160.00
430.00

F/2

J/5

540.00
340.00
160.00
380.00

J/1

A/1

68.84
58.41
147.79
91.57
131.18
114.71
58.24
73.40
81.57
76.57
157.83
78.89
115.31
270.58
134.94
11.21
40.94

N/3

2011

J/5

70.00
60.00
228.00
120.00
214.00
88.00
78.00
118.00
140.00
92.00
166.00
87.00
126.00
216.00
140.00
11.70
40.60

O/2

Beans

A/1

72.00
60.00
60.00
100.00
200.00
180.00
50.00
60.00
100.00
100.00
180.00
n.a
170.00
178.00
130.00
14.50
38.00

S/2

Week

Year Ago
Annual Ave.

72.00
60.00
120.00
120.00
180.00
160.00
50.00
80.00
160.00
100.00
170.00
n.a
150.00
210.00
140.00
12.50
38.00

A/1

2012

A/4

Month
Ago

J/5

Week

F/2

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
28/12/2012

Average Retail Prices

A/4

M/4

351.20
244.52
112.37
426.90

M/3

M/3

424.00
260.00
92.50
354.00

F/2

A/4

400.00
340.00
100.00
380.00

J/1

M/3

380.00
300.00
130.00
330.00

32

J/1

63.26
51.52
124.23
60.04
105.29
84.35
36.81
49.48
55.93
54.33
113.60
63.53
96.28
239.13
113.15
10.75
34.10

F/2

69.10
53.70
205.00
93.00
192.00
65.00
59.00
92.00
113.00
72.00
146.00
67.50
107.50
180.20
114.80
11.28
33.60

J/1

70.00
54.50
40.00
70.00
160.00
140.00
30.00
35.00
70.00
70.00
135.00
n.a
155.00
178.00
118.00
14.20
33.50

F/2

70.00
55.00
80.00
80.00
140.00
120.00
30.00
55.00
120.00
80.00
155.00
n.a
125.00
173.00
120.00
12.20
33.50

Week

Year Ago

Narahenpita Economic Centre (Rs/Kg.)

67.93
55.83
52.67
57.76

61.83
50.58
51.92
52.71

Retail Prices
Item

Average
26/12/2012 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
58.00
153.33
100.00
180.00
130.00
60.00
80.00

70.00
58.00
120.00
100.00
180.00
120.00
60.00
90.00

120.00
120.00
210.00
110.00
140.00
220.00
140.00
15.50
35.00

90.00
90.00
n.a.
130.00
100.00
220.00
130.00
15.50
38.00

710.00
390.00
200.00
820.00

790.00
400.00
260.00
890.00

Fish
Kelawalla
Balaya
Salaya
Paraw (Small)

Price Indices

November
2012

Colombo Consumers' Price Index (CCPI )

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

167.1
7.2
9.5

Month Ago

Year Ago
PRICE CHANGES (CCPI )
Annual Average

165.0
6.8
8.9

152.6
6.9
4.7

12.0
10.0
2012
8.0

Core Inflation - ( CCPI )

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

6.0

163.4
5.6
7.2

162.7
5.4
6.8

152.3
7.2
4.9

2011
4.0
2.0
J

Sep 2012 *

Wholesale Price Index (WPI)

(1974 = 100)
Annual Average Change %

4,547.3
-0.2

Month Ago

4,428.7
-0.4

Jy

Year Ago

Month

4,137.4
15.1

* Provisional

Central Govt.

Jy

12/J

Months

Jy

Wages Boards

11/J

(b) Non-executive officers and minor employees

24.7
32.9
0.0
0.0

5200
4800
4400
4000
3600
3200
2800
2400
2000
1600

Jy

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

6.9

WAGE INDICES
(1978 = 100)

10/J

(a) Provisional

3,662.8
4,434.3
2,402.1
1,851.8

% Change

Jy

Workers in Wages Boards Trades (1978 = 100)

Agriculture
Industry & Commerce
Services

2011
October
4,964.5

09/J

Central Government Employees (1978 = 100) (b)

2012 (a)
October
5,304.7

08/J

Wage rate Indices

Agriculture Production
Tea (Mn Kg)

2012*

2011

Jan - Oct

Jan - Oct

268.7

270.0

% Change

-0.5

AGRICULTURAL
PRODUCTION-Tea

[Link].
350
300

Rubber (Mn Kg)

128.6

132.4

-2.9

2011

250
200
150

Coconuts (Mn Nuts)

2,537.9

2,274.7

11.6

100

2012

50
0
J

* Provisional

2012 *
Oct

Industrial Production
Industrial Production Index (IPI) (a)

( 2010 = 100 )

104.5
Jan- Dec'11

Public Sector Major Industrial Output Index

(1997 = 100)

85.5

2011
Oct
112.5

Jy Au S

Month

% Change

-7.1

Jan- Dec'10

70.7

21.0

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

2012 *
Jan - Sep
725.7
711.3
629.5
81.8
14.4

2011
Jan - Sep
670.9
661.2
590.8
70.4
9.7

Expenditure & Lending Minus Repayments ([Link])

1,208.7
Current
851.8
Capital & Lending Minus Repayments
356.9
* Provisional
Total revenue & Grants increased by 8.2 per cent compared to the period of Jan - Sep 2011.

1,051.6
780.9
270.7

Government Finance
Revenue and Grants ([Link])
Revenue ([Link])
Tax
Non tax
Grants

Government Debt
Total domestic debt
of which
Treasury bills
Treasury bonds
Rupee loans

Rs bn

Total foreign debt

Total outstanding govt. debt

2012 *
End Sep
3,280.4

Month Ago

Rs. bn.
1100
1000
900
800
700
600
500
400
300
200
100
0

GOVERNMENT REVENUE &

EXPENDITURE 2012

Expenditure
Expenditure

Revenue

Month

Year Ago

3,253.2

2,824.1

626.8
2,161.8
58.4

638.2
2,121.7
58.4

626.6
1,796.2
62.0

Rs bn

2,981.5

2,995.8

2,245.2

Rs bn

6,262.0

6,249.0

5,069.3

Rs. bn
3600

GOVERNMENT DEBT

3200
2800
2400
2000
1600
1200
800

400
0

* Provisional

Total outstanding government debt increased by 22.0 per cent compared to end December 2011.

External Finance
External Assets
Total Reserves (b)

Workers' Remittances
Inflows
Outflows
Net

2011

End Oct

End Dec

8,063.0
1,048,411.8
6,546.9
851,268.6

7,199.0
819,978.0
5,957.6
678,583.9

% Change

[Link]

EXTERNAL ASSETS

1100
Total

900

Gross Official Reserves (b)

Workers' Remittances (c)
Inflows

2012 (a)

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

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

2012 (a)

2011

October

October

522.1
67,410.5

420.5
46,340.7

2012 (a)

2011

Jan - Sep

Jan - Sep

4,418.7
561,536.8
468.4
59,316.3
3,950.2
502,220.5

3,782.1
416,568.0
330.4
36,408.1
3,451.7
380,159.8

12.0
27.9
9.9
25.4
% Change

700
500
Gross Official

300
100

Month

24.2
45.5
% Change

PRIVATE REMITTANCES -Inflows

[Link]

16.8
34.8
41.8
62.9
14.4
32.1

(a) Provisional

600

2012

500
400
300
200

2011

100
0
J

(b) By end October 2012, the total level of foreign reserves were equivalent to 4.93 months
of imports and the gross official reserves were equivalent to 4.00 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

2012
Jan - Oct

2011
Jan - Oct

% Change

1,036,193
245,022
773,672
6,163
11,337
1,997,019
319,451
1,208,934
465,375
3,260
-960,826

962,662
232,399
726,508
3,152
603
1,806,681
330,144
1,094,079
378,153
4,305
-844,019

7.6
5.4
6.5
95.5
1,780.6
10.5
-3.2
10.5
23.1
-24.3
-13.8

8,164
1,924
6,095
48
97
15,754
2,520
9,526
3,682
26
-7,590

8,740
2,110
6,596
29
6
16,407
2,997
9,936
3,434
39
-7,667

-6.6
-8.8
-7.6
68.9
1,673.9
-4.0
-15.9
-4.1
7.2
-33.0
1.0

US$ Mn
11,000

J Jy A
Month

EXPORTS (Cumulative)

10,000
9,000

2011

8,000
7,000
6,000
5,000
4,000
3,000

2012

2,000
1,000
0
J

Jy

Month

US$ Mn

IMPORTS (Cumulative)

20,000
18,000
16,000
14,000
2012

12,000
10,000

2011

8,000
6,000
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

[Link].

Total Industrial Exports

US$ Mn.

Food, Beverages and Tobacco

Textiles and Apparel
Petroleum Products
Leather, Rubber etc
Other

2012
Jan - Oct

2011
Jan - Oct

773,672
29,583
415,261
50,128
95,600
183,101
6,095
232
3,269
395
753
1,445

Trade Indices *

2012**

(2010= 100 )

September

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

726,508
31,816
381,267
49,288
86,237
177,900
6,596
289
3,461
448
783
1,615
Month ago

% Change
6.5
-7.0
8.9
1.7
10.9
2.9
-7.6
-19.6
-5.5
-11.7
-3.9
-10.5

INDUSTRIAL EXPORTS
(Cumulative)

US$ Mn.
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0

2011

2012

Tourist Arrivals
US$ Mn.
[Link].

115.4
113.5
101.6

119.5
111.3
107.3

117.7
122.4
96.1
103.3

156.6
137.1
114.2
88.9

157.8
129.5
121.8
88.1

2012*
Jan - Nov

905.3
115,295.5

2011
Jan - Nov

% Change

758,458

16.5

735.7
81,151.7

23.0
42.1

108

2011

88

2012
68
J

Jy A
Month

TOURIST ARRIVALS
Cumulative

'000
800
600
400
200
0

2012
2011
J

Jy

M
Month

International Commodity Prices

Colombo Auction Price
Tea Prices

Wheat

TRADE INDICES- TERMS OF TRADE

(2010 = 100)

* Provisional

Crude Oil

Year ago

111.4
112.2
99.4

883,353

Earnings from Tourism

White Sugar

Jy

Month

Index

Tourism

Imports (C I F)
Rice

2012
October

2011
October

Rs./Kg

TEA PRICES (Imports)

% Change
500

2011

2012

400

Rs / Kg
US$ / Kg

409.83
3.17

356.07
3.23

15.1
-1.8

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

91,616

70,642

710

641

29.7
10.7
-1.4
-15.8
10.9
-5.4

300
200
J

80,977

619

735

107

41,020

36,991

318

336

Jy

Month
RICE PRICES ('000 )

Rs/Kg

79,856

100
2011

80
60

2012

40
J

Jy

Month

CRUDE OIL PRICES

Rs/Brl
15,000
12,000
9,000
6,000
3,000
0

2012
J

2011
M

Jy

Month

10

Average Crude Oil Prices

2011
Spot Prices

Crude Oil Prices

130

Brent

110
90
70
50

WTI

30
Nov-12

115.62
119.86
119.86
121.21
110.73
96.60
112.25
111.84

Jul-12

98.56
101.29

98.46
102.36
106.16
103.32
94.49
82.30
87.86
94.16
94.64
89.49
86.53

Sep-12

108.95
111.10

111.34
120.05
126.67
120.77
110.93
95.60
103.20
114.11
113.16
112.37
110.13

May-12

21 December
24 December
26 December
27 December

95.33
103.18
111.31
119.45
111.50
111.21
112.85
107.74
108.43
107.19
113.00
110.57

Jan-12

89.26
88.66
102.86
109.53
101.54
96.50
97.19
86.33
85.42
86.31
86.89
98.57

Mar-12

97.33
103.71
115.39
124.41
116.85
114.72
117.35
111.14
114.92
110.72
111.13
108.93

(US $/bbl)

Nov-11

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

(US$/bbl)(*)

(US $/bbl)

Jul-11

(US $/bbl)

CPC Import

Brent(New York WTI (Europian

Prices (C&F)
closing price)
Market)

Sep-11

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

May-11

WTI (Europian
Market)

Jan-11

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

2012
Spot Prices

Mar-11

Month

Month/Date

110.93
110.24
111.15

88.20
88.29
90.71
90.91
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

2012*

2011

2011

3 Quarter

3 Quarter

Annual

-0.5
7.3
4.6
4.8

6.5
10.8
7.8
8.5

1.5
10.3
8.6
8.3

rd

Growth Rate

Agriculture
Industry
Services
GDP

rd

Real GDP
(Percentage change)
9
8
7
6

5
4
3
2

* Provisional

Source: Department of Census and Statistics

1
0

10' 10' 10' 10' 11' 11' 11' 11' 12' 12' 12'
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

Year / Quater

Employment
Labour Force Participation rate
Unemployment rate

2011(a)

2011(a)

2nd Quarter

2nd Quarter

Annual

46.8
3.9

48.3
4.2

48.2
4.2

30.1
26.9
43.0

33.7
23.6
42.7

32.9
24.3
42.8

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
4.2

3.9
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

Employed Persons by Sectors %

Agriculture
Industry
Services and Other

2012(a)

(a) Data exclude Northern Province

Year/Quarter

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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