CENTRAL BANK OF SRI LANKA

SELECTED WEEKLY
ECONOMIC INDICATORS
11 January 2013

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

11.01.2013

Exchange Rates
(Rs Per Unit)
Commercial Bank Avg. Middle Rate (prevailing at 9.30a.m.)
US$
STG
Yen
Euro
INR(1)
SDR
( As at 10 January 2013 )

Week Ending

Central Bank purchases and sales of foreign exchange from

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

November
2012

Month Ago

Year Ago

Purchases
Sales

0.00
7.85

36.70
6.40

30.00
594.15

Week Ending

Week Ago

Year Ago

Week Ago

Year Ago

January 11

126.31
203.89
1.42
167.31
2.32
193.21

127.78
205.32
1.46
166.40
2.35
195.29

57.99

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
176.08
1.48
145.18
2.21
169.25

31.82

Month end

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

STG

81.84

US$

J A
2011

Jy O

J A
2012

STG

US$

Jy O

13

17

Last 4 Weeks

Forward Rates (US$) (2)

127.60
129.44
20.78
940.95

1 Month
3 Months
Average Daily Interbank Forward Volume (US$ mn)
Outstanding Forward Volume (US$ mn) (As at 10 January 2013)

114.68
115.75
31.03
1,521.13

128.27
130.07
8.74
958.30

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

(1) Central Bank indicative rate

(2) Weekly average based on actual transactions.

Interest Rates (%)

Week Ending

Week Ago

Year Ago

14.26
9.91
10.99
11.38
7.50
9.50
9.83

11.00
8.68
8.71
9.31
7.00
8.50
8.87

INTEREST RATES- Call

Money
(Minimum and Maximum)

January 11

13.88
9.88
10.81
11.35
7.50
9.50
9.82

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

9.87
10.69
12.52
13.22
13.73
14.26

9.12
9.28
9.47
9.66
9.88
10.16

9.88
10.95
12.43
13.18
13.72
14.26

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

December 2012

Commercial Bank Average Weighted Deposit Rate (AWDR)

Commercial Bank Average Weighted Fixed Deposit Rate
(AWFDR)

Month Ago

Year Ago

10.10

9.80

7.24

13.21

12.78

8.95

Month Ago

Year Ago

15.57

13.47

Month Ago

Year Ago

5.00
12.50

5.00
8.50

Daily

Monthly
12
10.60

Ave

11

Max

10.40

Max

10

Ave

10.20
10.00

9.80

9.60

Min
7

9.40

Min
9.20

6
Jy
,11

Jy

November 2012

15.74
November 2012

Saving Deposits - NSB

One Year Fixed Deposits - NSB

5.00
12.50

Treasury Bonds Auction

Coupon rate

(05 Y & 03 Months)

(08 Y & 04 Months)

(15 Y & 06 Months)

10/01/2013

10/01/2013

10/01/2013

8.50
10.90

Weighted Average Yield(Excluding 10% withholding tax)

9.00
11.64

9.00
12.25

13

17

INTEREST RATES
3 Month & 12 Month
Treasury Bills Yield

Weekly

Monthly

Commercial Bank Average Weighted Lending Rate (AWLR)

Last 4 Weeks

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 9.35 to 9.90 per cent during the week.
*AWPR - Average for the month of December 2012 - 14.29
Bankwise- AWPR

Week ending

Week Ago

Bankwise- AWPR

11/01/2013
Bank of Ceylon
People's Bank
Hatton National Bank
Commercial Bank of Ceylon
Sampath Bank
Seylan Bank
Union Bank of Colombo
Pan Asia Banking Corporation
Nations Trust Bank
DFCC Vardhana Bank
NDB Bank
Amana Bank

14.85
16.69
14.68
14.73
15.73
17.40
17.11
18.50
15.58
17.29
17.32
-

Week ending

Week Ago

11/01/2013

14.50
16.00
14.57
14.50
15.44
18.97
17.24
18.50
16.04
17.29
16.98
-

HSBC
Standard Chartered Bank
Citi Bank
Deutsche Bank
Habib Bank
Indian Bank
Indian Overseas Bank
MCB Bank
State Bank of India
Public Bank
ICICI Bank
Axis Bank

11.80
14.19
11.36
13.11
15.19
15.79
15.00
14.65
16.54
14.63
13.27
-

11.71
14.33
13.44
13.51
15.20
15.79
15.00
14.33
16.54
14.33
13.27
-

Government Securities Market

Weekly Summary of Primary & Secondary Market Transactions
and Weighted Average Yield Rates
Item/ Week Ended
Item / Week Ended
WeekEnding
WeekEnding
January 09
January 02
Secondary Market
2013
2013
Rs.Mn
Rs.Mn
Weighted Average
Outstanding Stock of Government Securities
Yield Rates
T-bills
Treasury Bills
Outstanding
709,727
709,069
Purchased
o/w, amounts held by PDs
66,418
64,051
<= 91 days
o/w, amounts held by Foregin Investors
83,276
80,185
<= 182 days
T-bonds
Primary Issues
T-bills

Outstanding
o/w, amounts held by PDs

2,495,495
30,680
317,804

2,495,495
30,597
317,604

Amount Offered
Total Bids Received
Total Bids Accepted

28,000
70,037
31,328

20,000
54,120
30,202

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
9.88%
9.91%
10.81%
10.99%
11.35%
11.38%

<= 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%

Rs.Mn

Rs.Mn

7,716
28,719

10,982
10,300

45,579
2,479

44,814
7,426

15,900
15,030

2,850
2,645

119,048
16,616

107,189
7,953

WeekEnding
January 09
2013
After Tax

WeekEnding
January 02
2013
After Tax

9.90%
10.95%

10.00%
11.20%

<= 364 days

11.30%

11.40%

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

9.80%
10.80%
11.20%

9.90%
11.00%
11.20%

0.00%
11.10%
11.15%
11.05%
11.00%
0.00%
0.00%
0.00%

0.00%
11.50%
11.50%
11.65%
11.55%
0.00%
0.00%
0.00%

0.00%
10.95%
11.05%
10.95%
10.90%
0.00%
0.00%
0.00%
Secondary Market Yield

0.00%
11.30%
11.40%
11.55%
11.45%
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

09/01/2013

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

10/01/2013
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

99.82
99.20
98.38
97.54
96.62
95.67
94.63
93.75
92.82
91.84
90.93
89.95
88.84

9.49
9.73
9.84
9.96
10.29
10.54
10.88
10.86
10.91
11.03
11.04
11.11
11.31

99.82
99.22
98.42
97.58
96.70
95.77
94.70
93.84
92.92
91.95
91.05
90.06
88.93

9.24
9.47
9.61
9.80
10.04
10.30
10.75
10.71
10.76
10.89
10.89
10.99
11.22

0.00
0.02
0.04
0.04
0.08
0.10
0.07
0.09
0.10
0.11
0.12
0.11
0.09

2795

2231

40

221

10.00

Two way quotes for Treasury Bills

Average Buying
Price

6930

2760

2196

186

11.50

2750

11.03
11.08
11.22
11.00
11.01
10.91
11.70
11.51
11.30

1848

88.71
75.46
82.09
90.48
89.83
85.96
57.90
72.58
74.42

12.00

1883

11.25
11.23
11.47
11.11
11.11
11.00
11.93
11.78
11.58

12.50

2296

87.79
74.83
80.88
90.10
89.46
85.62
56.89
71.31
72.76

1452

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

1487

10
10
10
15
15
15
15
20
20

Yield on Ave.
Buying Price

13.50

1273

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

11.10
11.50
11.55
9.80
10.25
10.38
10.43

Month ago
Yield (%)

1334

76.54
83.76
82.65
99.98
99.14
98.46
97.77

933

11.35
11.72
11.68
10.09
10.50
10.59
10.61

1238

75.63
82.85
82.08
99.97
99.02
98.35
97.63

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

735

8
8
8
10
10
10
10

Yield on Ave. Selling Price

9.50

968

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

10.00

446

11.20

10.50

770

86.52

11.00

743

11.33

11.50

295

86.01

Yield on Ave. Buying Price

12.00

481

15/11/2018

Yield
12.50

330

10.43
10.15
10.77
11.10
10.29
11.40
9.86
10.23
10.85
11.02
10.90
11.13
11.35
11.00
11.06
11.35
10.80
10.75
10.08
11.01
10.98
10.98
11.11
11.19
10.86
10.90
10.80
10.88

634

08.00%2018A

10/01/2013

Yield **

87

Average
Selling
Price *
98.87
99.23
95.92
96.76
97.85
93.17
100.18
100.49
95.96
94.43
91.70
89.74
90.77
100.34
90.23
90.21
91.14
90.50
100.03
100.79
101.41
100.02
99.73
89.56
87.11
86.50
84.05
82.24

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 10/01/2013

Maturity
Average
D/M/Y
Buying
Yield **
Price *
05/10/2013
98.73
10.65
21/11/2013
99.01
10.43
01/02/2014
95.75
10.95
01/10/2014
96.51
11.27
01/09/2013
97.71
10.52
01/11/2015
92.95
11.50
01/02/2013
100.17
10.11
15/06/2013
100.40
10.44
01/03/2014
95.81
11.00
01/06/2014
94.25
11.17
15/01/2015
91.37
11.10
15/06/2015
89.42
11.30
01/06/2016
90.42
11.48
15/07/2014
100.10
11.18
15/07/2015
89.91
11.21
01/09/2016
89.85
11.48
01/01/2017
90.76
10.93
15/06/2017
90.01
10.90
01/04/2013
99.98
10.31
01/04/2014
100.66
11.13
15/03/2015
101.13
11.13
01/08/2015
99.66
11.15
01/09/2015
99.43
11.24
01/04/2016
89.16
11.35
01/08/2016
86.68
11.02
01/10/2016
86.14
11.03
15/01/2017
83.70
10.93
15/07/2017
81.88
11.00

Money Market Activity - Volumes

Week Ending

( Rs. Mn )

10 Jan 2013

Inter - bank Call Money Turnover (a)

Central Bank Holdings (a)
Treasury bills

Week Ago

Year Ago

15,529

13,109

14,517

147,932

161,634

160,549

(a) Daily average for week

Open Market Operations

07.01.2013

08.01.2013

09.01.2013

10.01.2013

11.01.2013

3.91
-

6.33
-

4.85
-

3.84
0.39

9.70
-

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 *

2012 (a)

2012

2012 (b)

End October

End September

End August

2011

Total Number of Active Cards

Local (accepted only locally)
Global (accepted globally)

944,543
60,371
884,172

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)

41,638
1,159
40,478

41,196
1,132
40,065

42,126
1,143
40,982

37,637
1,098
36,539

Rs. Bn.

Commercial Paper Issues

35

* Issued by Licensed Commercial Banks

(a) Provisional

30

2012

(b) Revised

25

Commercial Paper Issues

(1)

Total Issues - Cummulative ( Rs. bn.)

2012

2012

2011

End Oct*

End Sep

End Dec

28.6

25.9

13.5

20
15

2011
10

Outstanding (as at end of the period )

( Rs.bn. )

9.8

10.7

8.1

5
0

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

Jy

Month

SHARE MARKET INDICES

Share Market

Week Ending

Week Ago

Year Ago

Month end

10 Jan 2013

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

5,732

5,730

5,860

3,122

3,104

7000.0

ASPI

915

854

421

6000.0
5500.0
5000.0

Average Daily Turnover (Rs. Mn)

5800
5500
5200
4900
L
4600
4300
4000
3700
3400
3100
2800
2500

7500.0

6500.0

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

Daily

8000.0

MPI

4500.0

4000.0

Market Capitalisation (Rs.Bn.)

2,202

2,201

2,142

Both the All Share Price Index and S & P SL20 index have increased by 2 and 18 index points respectively. The
Average Daily Turnover has increased by Rs.61 mn.

3500.0
J M
,11

J M
,12

ASPI

S&P

9 13 17 21

Month

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

2012 (a)
November

Month Ago

Year Ago
MONEY SUPPLY M1
Annual Changes

430.0

425.4

424.7

2,529.8

2,463.3

2,139.7

2,880.7

2,842.6

2,438.7

-24.3

-20.9

168.1

355.9

356.1

365.7

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

-112.1

-124.2

-71.6

3.5

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

-268.2

-252.8

-126.0

-1.5

Monetary Authorities (Rs. bn.)

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

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

2,905.0

2,863.4

2,270.6

2,515.0

2,491.3

2,056.5

33.5
28.5
23.5
18.5
13.5

390.0

372.1

214.1

1,042.7

801.5

Monetary Authorities (Rs. bn.)

330.0

320.0

216.4

DBUs (Rs. bn.)

589.3

589.0

472.8

FCBUs (Rs. bn.)

135.6

133.7

112.4

261.1

254.6

179.3

72.4

70.0

68.9

188.8

184.6

110.4

2,348.5

2,324.4

1,945.7

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

1,055.0

Net Credit to Government (Rs. bn)

2011

8.5

Jy

Month

MONEY SUPPLY M2
Annual Changes
24%

2,157.8

2,132.0

1,764.6

190.7

192.5

181.1

20

476.9

471.1

420.3

19

2012

21
2011

18

Annual Change (%)

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

17

1.3

-2.0

11.6

18.2

16.4

21.3

18.1

18.2

20.6

-114.5

-109.8

-55.1

-2.7

-12.6

-27.6

-56.4

-64.2

-23.2

Foreign currency Banking Units (FCBUs)

-112.8

-112.9

-74.0

Net Domestic Assets of the Banking System (b)

Domestic Banking Units (DBUs)

16
J

37.8

25.2

36.6

FCBUs

82.2

84.0

50.6

Net Credit to Government

31.6

32.4

42.0

Monetary Authorities

52.5

81.0

163.5

DBUs

24.7

21.6

21.7

FCBUs

20.7

5.9

19.7

16.0

45.6

58.0

29.8

14.0

5.0
71.0

1.0
100.9

-18.9
107.6

20.7

23.5

33.5

DBUs

22.3

25.1

35.3

FCBUs

5.3
13.5

7.8
10.7

18.0
22.2

FCBUs

Reserve Money

Jy

%
24.0

30.6

22.3

Credit to the Private Sector

MONEY SUPPLY M2b

Annual Changes

27.9

DBUs

Month

DBUs

Credit to Corporations

22.0

2012

20.0
18.0

2011

Jy

Month

(a) Provisional
(b) In relation to M2b

Rs.bn
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

-8,050

300

M/4

488,940

Change

M/3

480,890

Week ago

J/1

Reserve Money (Rs.Mn.)

10 Jan 2013

F/2

Weekly change in Reserve Money

Pettah Market
Week Ending
10/01/2013

Average Wholesale Prices

Rice
(Rs/Kg)
Samba
Kekulu (Red)
Beans
Cabbage
Carrots
Tomatoes
Pumpkins
Snake Gourd
Brinjals
Ash-Plantains
Red-Onions (Local)
Big-Onions (Local)
Potatoes (N'Eliya)
Dried Chilies (Imported)
Dhal (Indian)
Eggs (Red) (Each)
Coconut (Each)
Fish (Rs/Kg) *
Kelawalla
Balaya
Salaya
Paraw (Small)

RRs/Kg

Week Ago

Month
Ago

Rice - Kekulu

82

Year Ago
Annual Ave.

2012

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

68.00
55.25
52.48
58.25

67.75
55.50
52.53
57.75

Dambulla Market
Week Ending - 10 Jan 2013 (Rs/Kg)
Wholesale
Retail
(Average)
(Average)

Food Item

Rice
Samba
Kekulu (Red)

69.00
56.10

72.50
59.00

25.20
50.50
62.50
105.50
111.50
56.50

43.00
72.50
83.00
141.00
146.30
77.50

96.25
180.00
n.a
73.00
37.50

113.75
215.50
n.a
95.00
39.80

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
11/01/2013

S/2

195

* Prices collected from the Fisheries Trade Centre, Peliyagoda.

Item

A/1

O/2

508.53
367.06
152.20
527.35

M/3

S/2

540.00
327.50
160.00
397.50

D/4

O/2

540.00
480.00
200.00
540.00

F/2

J/5

540.00
510.00
120.00
510.00

J/1

A/1

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

N/3

2011

J/5

72.50
60.00
95.00
105.00
190.00
135.00
55.00
70.00
110.00
100.00
197.50
110.00
157.50
202.00
137.50
14.00
38.50

O/2

Beans

A/1

72.00
60.00
120.00
100.00
170.00
80.00
60.00
80.00
160.00
100.00
170.00
n.a
130.00
210.00
140.00
12.50
35.00

S/2

Week

Year Ago
Annual Ave.

72.00
60.00
200.00
100.00
190.00
140.00
50.00
100.00
180.00
100.00
140.00
80.00
120.00
210.00
140.00
11.50
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
10/01/2013

Average Retail Prices

A/4

M/4

396.15
278.80
112.08
424.10

M/3

M/3

385.00
290.00
112.50
347.50

F/2

A/4

470.00
350.00
140.00
480.00

J/1

M/3

460.00
420.00
80.00
460.00

32

J/1

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

F/2

70.63
54.75
70.00
70.00
157.50
100.00
35.00
46.25
80.00
77.50
151.25
87.50
138.13
179.25
118.00
13.65
33.50

J/1

70.00
54.00
100.00
70.00
140.00
50.00
35.00
60.00
130.00
80.00
137.50
n.a
117.50
170.00
123.00
12.20
34.50

F/2

70.00
54.00
165.00
70.00
160.00
100.00
30.00
80.00
140.00
80.00
n.a
n.a
105.00
166.00
124.00
11.20
35.50

Week

Year Ago

Narahenpita Economic Centre (Rs/Kg.)

68.41
56.29
52.35
58.45

61.32
48.69
47.70
50.44

Retail Prices
Item

Average
10/01/2013 Week Ago

Rice
Samba
Kekulu (Red)
Beans
Cabbage
Carrots
Tomatoes
Pumpkins
Snake Gourd
Brinjals
Ash-Plantains
Red-Onions (Imported)
Big-Onions (Imported)
Potatoes (Imported)
Dried Chilies (Imported)
Dhal (Indian)
Eggs (Red)(Each)
Coconut (Each)

70.00
58.00
160.00
100.00
166.67
106.67
60.00
100.00

70.00
56.00
100.00
120.00
180.00
100.00
60.00
80.00

160.00
113.33
n.a.
80.00
80.00
220.00
140.00
11.50
37.00

140.00
120.00
220.00
80.00
120.00
220.00
140.00
13.00
35.00

680.00
490.00
260.00
920.00

760.00
400.00
260.00
920.00

Fish
Kelawalla
Balaya
Salaya
Paraw (Small)

Price Indices

December
2012

Colombo Consumers' Price Index (CCPI )

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

168.6
7.6
9.2

Month Ago

Year Ago
PRICE CHANGES (CCPI )
Annual Average

167.1
7.2
9.5

154.4
6.7
4.9

12.0
10.0
2012
8.0

Core Inflation - ( CCPI )

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

6.0

164.2
5.8
7.6

163.4
5.6
7.2

152.7
6.9
4.7

2011
4.0
2.0
J

Oct 2012 *

Wholesale Price Index (WPI)

(1974 = 100)
Annual Average Change %

Month Ago

Jy

Year Ago

4,576.0
0.6

4,547.3
-0.2

4,140.7
14.3

2012 (a)
November
5,304.7

2011
November
4,964.5

% Change

Month

* Provisional

Jy

12/J

Months

Jy

Wages Boards

11/J

(b) Non-executive officers and minor employees

24.7
32.9
0.0
0.0

Jy

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

Central Govt.

10/J

(a) Provisional

3,662.8
4,434.2
2,402.1
1,851.8

5200
4800
4400
4000
3600
3200
2800
2400
2000
1600

Jy

Workers in Wages Boards Trades (1978 = 100)

Agriculture
Industry & Commerce
Services

6.9

09/J

Central Government Employees (1978 = 100) (b)

WAGE INDICES
(1978 = 100)

08/J

Wage rate Indices

Agriculture Production
Tea (Mn Kg)

2012*

2011

Jan - Nov

Jan - Nov

298.6
Jan - Oct

Rubber (Mn Kg)

128.6

301.8

% Change

-1.1

350

Jan - Oct

132.4

AGRICULTURAL
PRODUCTION-Tea

Mn.Kg.

300

-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 (Rs.bn)

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 (Rs.bn)
Revenue (Rs.bn)
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 Nov

End Dec

8,058.6
1,049,639.6
6,490.2
845,353.3

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

% Change

Rs.bn

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

November

November

491.3
64,032.4

436.0
48,541.3

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

11.9
28.0
8.9
24.6
% Change

700
500
Gross Official

300
100

Month

12.7
31.9
% Change

PRIVATE REMITTANCES -Inflows

Rs.bn

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 November 2012, the total level of foreign reserves were equivalent to 5.02 months
of imports and the gross official reserves were equivalent to 4.05 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

% Change

2012
Jan - Nov

2011
Jan - Nov

1,144,058
269,811
856,151
6,647
11,449
2,234,296
350,145
1,362,111
518,698
3,341
-1,090,237

1,061,276
255,413
801,776
3,413
675
2,027,834
366,989
1,225,339
430,503
5,003
-966,558

7.8
5.6
6.8
94.8
1,596.5
10.2
-4.6
11.2
20.5
-33.2
-12.8

8,991
2,114
6,728
52
98
17,574
2,755
10,702
4,091
27
-8,583

9,625
2,317
7,272
31
6
18,393
3,328
11,115
3,904
45
-8,768

-6.6
-8.7
-7.5
68.1
1,500.3
-4.5
-17.2
-3.7
4.8
-40.9
2.1

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

2012

3,000
2,000
1,000
0
J

Jy

Month

US$ Mn

IMPORTS (Cumulative)

20,000
18,000

2011

16,000
14,000
2012

12,000
10,000
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

Rs.Mn.

Total Industrial Exports

US$ Mn.

Food, Beverages and Tobacco

Textiles and Apparel
Petroleum Products
Leather, Rubber etc
Other

2012
Jan - Nov

856,151
33,616
462,685
54,305
106,045
199,500
6,728
263
3,633
427
833
1,571

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

2011
Jan - Nov

801,776
34,893
419,981
53,821
95,157
197,924
7,272
317
3,809
488
863
1,795
Month ago

% Change
6.8
-3.7
10.2
0.9
11.4
0.8
-7.5
-16.8
-4.6
-12.5
-3.5
-12.5

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.
Rs.Mn.

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
November

2011
November

Rs./Kg

TEA PRICES (Imports)

% Change
500

2012

400

Rs / Kg
US$ / Kg

405.02
3.11

351.28
3.16

15.3
-1.5

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

96,537

60,109

741

540

60.6
37.2
-6.4
-20.0
15.9
-1.0
3.7
-11.4

300

2011

200
J

82,645

594

742

14,577

12,581

112

113

41,863

40,358

321

363

Jy

Month
RICE PRICES ('000 )

Rs/Kg

77,378

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

114.47
112.07
114.00

Crude Oil Prices

130

Brent

110
90
70
50

WTI

Nov-12

Jul-12

30

Month/Date

2013

2012
04 January
07 January
08 January
09 January
10 January

115.62
119.86
119.86
121.21
110.73
96.60
112.25
111.84

Sep-12

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

May-12

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

Jan-12

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

Mar-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

(US $/bbl)

Nov-11

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)(*)

(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

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

WTI (Europian
Market)

Jan-11

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

2012
Spot Prices

Mar-11

Month

103.26
101.22
102.12

113.93
113.85
114.39
114.43
114.33

93.12
93.20
93.21
93.08
93.81
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

2012(a)
nd

Labour Force Participation rate

Unemployment rate

nd

2011(a)

2 Quarter

2 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

2011(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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