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වසරේ පළමු කාර්තුවේ ආර්ථික වර්ධන වේගය 7 .9% ක්

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Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

වසරේ පළමු කාර්තුවේ ආර්ථික වර්ධන වේගය 7 .9% ක් 1524041996increse2

මේ වසරේ පළමු කාර්තුවේ මෙරට ආර්ථික වර්ධන වේගය 7 .9% ක් බව ජන ලේඛන හා සංඛ්‍යා ලේඛන දෙපාර්තමේන්තුව පවසයි.

2012 වසරේ පළමු වන කාර්තුවේ දළ දේශීය නිෂ්පාදිතයේ ඇස්තමේන්තු ජන ලේඛන හා සංඛ්‍යා ලේඛන දෙපාර්තමේන්තුව විසින් ඊයේ(18) නිකුත් කරනු ලැබීය.

ඒ අනුව ගිය වසරේ පළමු කාර්තුවේ වාර්තා කළ 8% ක ආර්ථික වර්ධන වේගය මේ වසරේ පළමු කාර්තුව තුළ සියයට 7 . 9 ක් බව වාර්තා වේ.

මේ වසරේ පළමු කාර්තුවේ ආර්ථික වර්ධන වේගයට ඉන්ධන මිල ඉහළ යාම යම් බලපෑමක් එල්ල කර ඇති බව ජන ලේඛන හා සංඛ්‍යා ලේඛන දෙපාර්තමේන්තුව පෙන්වා දෙයි.

මේ වසරේ පළමු කාර්තුව තුළ කෘෂිකාර්මික ක්ෂේත්‍රයේ ශීඝ්‍ර වර්ධනයක් පෙන්නුම් කරන අතර එය සියයට 11 . 3 ක් දක්වා ඉහළ ගොස් තිබේ.

පසුගිය වසරේ පළමු කාර්තුව තුළ කෘෂිකාර්මික ක්ෂේත්‍රයේ වර්ධනය - 4 . 3 ක් ලෙස වාර්තා විය.

මේ වසරේ පළමු කාර්තුව තුළ කාර්මික ක්ෂේත්‍රයේ වර්ධනය 10 . 8% ක් වන අතර එය පසුගිය වසරේ පළමු කාර්තුව තුළ සියයට 11 .1 ක වර්ධනයක් පෙන්නුම් කර තිබුණි.

මීට අමතරව මේ වසරේ පළමු කාර්තුව තුළ සේවා අංශයේ වර්ධනය 5 . 8% ක් වන අතර එය ගිය වසරේ පළමු කාර්තුව තුළ 9 . 5% ක අගයක් වාර්තා කරනු ලැබීය.
http://sinhala.adaderana.lk/news.php?nid=25145

SL.Market

SL.Market
Vice President - Equity Analytics
Vice President - Equity Analytics

Malika1990 wrote:වසරේ පළමු කාර්තුවේ ආර්ථික වර්ධන වේගය 7 .9% ක් 1524041996increse2

මේ වසරේ පළමු කාර්තුවේ මෙරට ආර්ථික වර්ධන වේගය 7 .9% ක් බව ජන ලේඛන හා සංඛ්‍යා ලේඛන දෙපාර්තමේන්තුව පවසයි.

2012 වසරේ පළමු වන කාර්තුවේ දළ දේශීය නිෂ්පාදිතයේ ඇස්තමේන්තු ජන ලේඛන හා සංඛ්‍යා ලේඛන දෙපාර්තමේන්තුව විසින් ඊයේ(18) නිකුත් කරනු ලැබීය.

ඒ අනුව ගිය වසරේ පළමු කාර්තුවේ වාර්තා කළ 8% ක ආර්ථික වර්ධන වේගය මේ වසරේ පළමු කාර්තුව තුළ සියයට 7 . 9 ක් බව වාර්තා වේ.

මේ වසරේ පළමු කාර්තුවේ ආර්ථික වර්ධන වේගයට ඉන්ධන මිල ඉහළ යාම යම් බලපෑමක් එල්ල කර ඇති බව ජන ලේඛන හා සංඛ්‍යා ලේඛන දෙපාර්තමේන්තුව පෙන්වා දෙයි.

මේ වසරේ පළමු කාර්තුව තුළ කෘෂිකාර්මික ක්ෂේත්‍රයේ ශීඝ්‍ර වර්ධනයක් පෙන්නුම් කරන අතර එය සියයට 11 . 3 ක් දක්වා ඉහළ ගොස් තිබේ.

පසුගිය වසරේ පළමු කාර්තුව තුළ කෘෂිකාර්මික ක්ෂේත්‍රයේ වර්ධනය - 4 . 3 ක් ලෙස වාර්තා විය.

මේ වසරේ පළමු කාර්තුව තුළ කාර්මික ක්ෂේත්‍රයේ වර්ධනය 10 . 8% ක් වන අතර එය පසුගිය වසරේ පළමු කාර්තුව තුළ සියයට 11 .1 ක වර්ධනයක් පෙන්නුම් කර තිබුණි.

මීට අමතරව මේ වසරේ පළමු කාර්තුව තුළ සේවා අංශයේ වර්ධනය 5 . 8% ක් වන අතර එය ගිය වසරේ පළමු කාර්තුව තුළ 9 . 5% ක අගයක් වාර්තා කරනු ලැබීය.
http://sinhala.adaderana.lk/news.php?nid=25145

This made us laugh...

If it is so called development in the economy in Q1 why BOP troubled end of the Q1 resulting rude tax increased?

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

June 18, 2012 (LBO) – Sri Lanka’s economy expanded by a slower 7.9 percent during the first quarter of this year, from the same period a year earlier, dragged down by a fall in farm output, the national statistics office said.

The Indian Ocean Island’s economy has quickened at a rapid pace since Sri Lanka's military crushed a nearly four-decade-long revolt by Tamil Tiger separatist rebels in May 2009 that killed tens of thousands of people, according to UN estimates.
Gross domestic product during the three months to March 2011, was 8.0 percent, the Department of Census and Statistics said.

The main industrial sector, which includes textiles and garments, construction and manufacturing, grew 10.8 percent in the first quarter of 2012, slower than 11.1 percent posted in the same quarter a year earlier.

The services sector, which includes tourism, telecommunications, ports and transport, expanded by 5.8 percent in 2012, over 9.5 percent a year earlier.

The agriculture sector grew by 11.5 percent in the quarter, from a contraction of 4.3 percent in the previous quarter of 2011.

Last Friday, the International Monetary Fund said the island’s economy may slow to 6.75 percent this year, slower than 7.2 percent forecasted by the Central Bank of Sri Lanka.
The Washington-based fund, however, said economic growth was still a tad higher in the context of global conditions.

John Nelmes, head of a mission to Sri Lanka said economic growth was weak due to tighter domestic conditions and weak external demand.

Nelmes and his team were visiting the island ahead of releasing the final instalment of 400 million dollars of the 2.6 billion dollar bailout package.

He said Colombo wanted more assistance as it emerges from a decades-long civil war, but declined to say how much was being sought.

"We have initiated a discussion of a programme to help Sri Lanka get deeper into a middle-income level country," Nelmes told reporters.

Sri Lanka secured the 2.6 billion dollar bailout in 2009, two months after the military ended the war and the island's foreign reserves had dropped to a dangerously low level of around a billion dollars.
http://www.lbo.lk/fullstory.php?nid=742496337

4වසරේ පළමු කාර්තුවේ ආර්ථික වර්ධන වේගය 7 .9% ක් Empty Growth is better than expected – CB Tue Jun 19, 2012 10:47 am

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Central Bank has termed the first quarter economic growth as better than expected, according to a report filed by Reuters.
“It is better than what we expected,” Reuters quoted Central Bank Assistant Governor K.D Ranasinghe as saying.
“For the full year our forecast is 7.2 per cent,” he added.
A Reuters poll of 10 analysts last week had predicted first quarter growth at 7%.
“Industrial sector growth will be sluggish due to the slowdown in Sri Lanka’s exports to Europe, while the service sector might be hit by credit restrictions,” said TKS Securities Head of Research Danushka Samarasinghe was quoted as saying by Reuters.
On Friday, the IMF revised down its forecast for Sri Lanka’s economic growth to 6.75 per cent this year, from an earlier estimate of 7.5% and below the Central Bank target of 7.2%, citing tighter credit and a weaker currency.
Reuters in its report on the GDP said Sri Lanka’s gross domestic product (GDP) grew at a faster than expected pace in the first quarter of 2012, but tough policy measures and an uncertain global economic outlook threaten the island nation’s full-year growth prospects.
The $59 billion economy expanded by 7.9 per cent year-on-year in the March quarter, slowing from 8.0 per cent in the same quarter last year and an 8.3 per cent in the fourth quarter of 2011, Government data showed on Monday.
The farm sector jumped a record 11.4 per cent growth year-on-year in the first quarter, from a contraction of 4.3 per cent last year, which officials attributed to favourable weather conditions.
However expansion in the industrial and service sectors, which account for 87 per cent of the GDP calculation, slowed.
The industrial sector expanded at 10.8 per cent from 11.1 per cent a year ago, while the service sector gained 5.8 per cent, its lowest since the last quarter of 2009 and down from a 9.5 per cent.
The island nation’s central bank has raised key policy rates twice since February to more than two-year highs, restricted bank lending, and allowed the rupee to weaken against the dollar in a bid to avert a balance-of-payments crisis.

http://www.ft.lk/2012/06/19/growth-is-better-than-expected-cb/

5වසරේ පළමු කාර්තුවේ ආර්ථික වර්ධන වේගය 7 .9% ක් Empty Services sector shrinks in 1Q Tue Jun 19, 2012 3:04 pm

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

The country’s dominant services sector has suffered the biggest setback as the economy shrank in the first quarter to 7.9%, from 8% and above a year earlier and fourth quarter of 2011.
Accounting for 57.3% share of the economy, the services sector grew by only 5.8% in the first quarter, down from 9.5% a year earlier and 8.5% in the fourth quarter of 2011. The drop is significant as it amounted to 39% year on year and slightly above 31% quarter-on-quarter.
The wholesale and retail trade sub sector, which accounts for near half of broader services sector and one fifth of overall economy, grew by 7.1%, down from 10.7% a year earlier and 9.9% in 4Q of 2011.
The exports trade sub sector managed only to record a growth of 1.7%, down from 15.3% a year earlier and 6.5% in 4Q of 2011.
The transportation and communication subsector, accounting for 14% of overall GDP, reported a sharper dip in growth, 5.7% as against 12.9% in the 1Q of 2011 and 11.2% in 4Q of 2011. Within the sub sector, posts and telecom had grown y only 6.6%, sharply down from 18.7% a year earlier and 15.4% in 4Q.
Banking, insurance and real estate sub sector accounting for around 8% of the total economy, grew by 7.2% which was lower in comparison to 9.2% a year earlier and 8.8% in 4Q of 2011.
Whilst the setback in the services sector remains the biggest concern, industry sector managed to remain afloat, though its growth was marginally lower.
Accounting for 30% of the economy, industry sector grew by 10.8%, down from 11.1% a year earlier and 10% in 4Q of 2011. The manufacturing sub sector, the biggest within industry sector, reported a 6.7% growth, down from 8.2% in 1Q of 2011 and 7.7% in 4Q of 2011.
The construction sub sector, accounting for 7.7%, grew by 17.5%, confirming buoyancy in comparison to 14.3% a year earlier and 14.4% in 4Q of 2011.
The most positive development was the sharp rebound in agriculture sector, up by 11.5% as against a negative growth of 4.3% in 1Q of 2011 and 2.4% of 4Q of 2011. Its share in the economy remained at 12.7%, marginally up from 12.7% a year earlier.
Whilst major traditional crops tea and rubber dipped by 6.7% and 5.5% year on year, coconut improved by 9.8%. The biggest gain was from paddy, up by 35% as against a negative growth of 20% in 1Q of 2011. In 4Q of last year, paddy grew by 12.4%. Other food crops saw a growth of 11% in comparison to a contraction of 4.6%, and vegetables sub sector grew by 15.3%, a turnaround as against a 5% negative growth a year earlier.
The fisheries sub sector had grown by 6%, though down from 13% improvement in 1Q of 2011 and 15% growth in 4Q of 2011.
The overall growth of the economy was in line with forecast as the Government expects GDP to grow by around 7% this year, down from record 8.3% last year and 8% in 2010.
http://colombostockwatch.com/2012/06/services-sector-shrinks-in-1q/

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