CENTRAL BANK OF SRI LANKA

Transcription

1 CENTRAL BANK OF SRI LANKA SELECTED ECONOMIC INDICATORS May. Statistics Department 30, Janadhipathi Mawatha Colombo 1 Tel. : (94 11) stat@cbsl.lk Website :

2 CONTENTS SUBJECT PAGE 1 TRENDS IN ECONOMIC INDICATORS (Charts) I-III 2 SUMMARY IV 3 QUARTERLY GROSS DOMESTIC PRODUCT 1 4 AGRICULTURE 2 5 INDUSTRY 2 6 TELECOMMUNICATIONS 3 7 ENERGY 4 8 HOUSING & CONSTRUCTION 4 9 TRANSPORT 5 10 PORTS 5 11 PRICES 6 12 AVERAGE RETAIL PRICES (PETTAH MARKET) 6 13 UNEMPLOYMENT & WAGE INDICES 6 14 GOVERNMENT FINANCE 7 15 MONETARY AGGREGATES 8 16 BANKING 9 17 INTEREST RATES CREDIT CARDS COMMERCIAL PAPER ISSUES SHARE MARKET EXTERNAL TRADE INTERNATIONAL FINANCE 17

3 J/10 M M J S N J/11 M M J S N J/12 M M J S N J/13 M TRENDS IN ECONOMIC INDICATORS AGRICULTURAL PRODUCTION Mn.Kg. TEA Mn.Kg. RUBBER EXTERNAL SECTOR US$ Mn. 1,200 EXPORTS US$ Mn IMPORTS US$ Mn. TEA EXPORT EARNINGS US$ Mn. RUBBER EXPORT EARNINGS US$ Mn. EXTERNAL ASSETS ,100 Total 8,100 7,100 6,100 5,100 4,100 Gross Official 3,100 2,100 1,100 RS Bn PRIVATE REMITTANCES - Inflows (Cumulative) I

4 J/1 F/1 M/1 M/5 A/4 M/4 J/4 Jy/3 A/3 S/3 O/2 N/2 D/1 D/5 J/1 F/1 M/1 M/5 A/4 M/4 J/4 Jy/3 A/3 S/3 O/2 N/2 D/1 D/5 J/1 F/1 M/1 M/5 A/4 M/4 J/4 Jy/3 A/3 S/3 O/2 N/2 D/ J/1 F/4 A/2 J/1 Jy/3 S/2 O/4 D/3 -F/1 M/4 M/2 J/5 A/3 O/1 N/4 - J/3 M/2 A/4 J F M A M J Jy A S O N D GOVT. FINANCE MONEY SUPPLY Rs.bn GOVERNMENT REVENUE & EXPENDITURE Expenditure Revenue % MONEY SUPPLY M2b ANNUAL CHANGES INTEREST RATE % 15 3 MONTHS TB YIELD % REPO & REVERSE REPO (2011-) Reverse Repo Repo 5 6 Week Week YIELD CURVE % YIELD CURVE FOR GOVT. DEBT SECURITIES Maturity (No. of years) Mar'13 May'13 CCPI ANNUAL AVERAGE % ANNUAL AVERAGE SHARE MARKET 8,000 ASPI Index 5,000 S&P SL20 7,000 6,000 4,000 5,000 4,000 3,000 3,000 2,000 Week Week II

5 '09 Q1 '09 Q2 '09 Q3 '09 Q4 '10 Q1 '10 Q2 '10 Q3 '10 Q4 '11 Q1 '11 Q2 '11 Q3 '12 Q2 '12 Q3 '12 Q4 M/ M/3 A/1 O/3 J/1 - M/4 J/2 A/4 N/2 J/4 - A/2 2011'J/1 F/1 M/1 M/5 A/4 M/4 J/4 Jy/3 A/3 S/3 O/2 N/2 D/1 J/1 F/1 M/1 M/5 A/4 M/4 J/4 Jy/3 A/3 S/3 O/2 N/2 D/1 J/1 F/1 M/1 M/5 A/4 M/4 2011'J/1 F/1 M/1 M/5 A/4 M/4 J/4 Jy/3 A/3 S/3 O/2 N/2 D/1 J/1 F/1 M/1 M/5 A/4 M/4 J/4 Jy/3 A/3 S/3 O/2 N/2 D/1 J/1 F/1 M/1 M/5 A/4 M/4 EXCHANGE RATES Rs RS/US$ (Commercial Banks' middle rate) (2011-) Week Rs RS/STG (Commercial Banks' middle rate) (2011-) Week INDUSTRY % COMMERCIAL BANKS BUYING & SELLING RATES (Rs. / US$) Selling Week Buying INDUSTRIAL PRODUCTION INDEX (2010=100) 80 ELECTRICITY PORT SERVICES Gwh ELECTRICITY SALES TO INDUSTRIES BY CEB 200 TEUs ('000) TOTAL CONTAINER HANDLING MOTOR VEHICLES UNEMPLOYMENT Number NEW REGISTRATIONS % 10.0 UNEMPLOYMENT RATE 47,000 39,000 31,000 23,000 15,000 7, III Year/Quarter

6 SUMMARY OF SELECTED ECONOMIC INDICATORS May Item Period Unit % Change Production Tea Jan - May Mn. Kgs Rubber Jan - April Mn. Kgs Coconut Jan - Mar Mn.Nuts Fish Jan - Mar '000 MT / / Paddy Maha (a) '000 MT 2,717 2, Yala (b) '000 MT 1,879 1, Electricity Generation Jan - Apr Gwh. 3,856 3, Industrial Production Index (IPI) April 2010 = External Sector External Trade Exports Jan - Apr Rs. Mn. 401, , Imports Jan - Apr 821, , Balance of Trade Jan - Apr -419, , Balance of Payments 2011 Trade Account Jan -Dec US$ Mn. -9,710-9, Current Account Jan -Dec -4,615-3, Overall Balance Jan -Dec -1, End Apr- End Apr- Total Reserves (c) US$ Mn. 7,258 8,508 #VALUE! 17.2 Govt. Finance 2011 Revenue and Grants December Rs. Mn. 121, , Current Expenditure December Rs. Mn. 78,046 94, Money & Share Markets Money Supply Narrow Money M 1 End April Rs. Mn. 444, , Broad Money M 2 End April Rs. Mn. 2,353,485 2,788, Consolidated Broad Money(M 2b )(d) End April Rs. Mn. 2,719,167 3,132, Broad Money M4 End April Rs. Mn. 3,393,662 3,931, Share Market ASPI End May 1985 = 100 4, , S&P SL20 End May 2004=1000-3, Market Capitalisation End May Rs. Bn. 1, , Prices (Annual Avg. % Change) 12 months ending CCPI May 2006/07 = WPI April 1974= (a) Sep\Oct-March\April (c) Excluding ACU receipts (b) April\May-Aug\Sep (d) Inclusive of FCBUs IV

7 1. GDP by Industrial Origin At Constant (2002) Prices 1st Quarter Sector (Rs. Mn) Growth rates (%) Contribution to Growth (%) (a) (b) 12/11 13/12 Agriculture 95,517 97, Industry 225, , Services 430, , GDP 750, , Annual Sector (Rs. Mn) Growth rates (%) Contribution to Growth (%) 2011 (a) (b) 11/10 12/ Agriculture 320, , Industry 838, , Services 1,704,605 1,783, GDP 2,863,715 3,047, Sector 2011 (a) (b) 11/10 12/ Agriculture 68,857 68, Industry 222, , Services 441, , GDP 733, , Sector (Rs. Mn) 4 th Quarter (Rs. Mn) Growth rates (%) 3 rd Quarter Growth rates (%) Contribution to Growth (%) Contribution to Growth (%) 2011 (a) (b) 11/10 12/ Agriculture 88,151 87, Industry 217, , Services 442, , GDP 748, , Sector 2011(a) (b) 11/10 12/ Agriculture 77,907 85, Industry 195, , Services 413, , GDP 686, , (a) Revised (b) Provisional 2 nd Quarter (Rs. Mn) Growth rates (%) Page 1 Contribution to Growth (%) Source : Department of Census and Statistics

8 2. AGRICULTURE Item UNIT * CHANGE Absolute Percentage Tea Production May Mn.Kgs January - May Rubber Production April Mn.Kgs January - April Coconut Production March Mn.Nuts January - March Paddy Production 2011/ /* Maha (a) '000 MT 2, , Yala (b) 1, , Fish Production * March '000 MT January - March * Provisional (a) Sep\Oct. - March\ April (b) April \ May - Aug.\Sep. 3. INDUSTRY Item UNIT (a) CHANGE Absolute Percentage Electricity Sales to Industries (b) March GWh January - March Furnace Oil Sales April '000 MT January - April Industrial Exports Petroleum Exports April Rs. Mn. 4,290 5,631 1, January - April 20,315 19,269-1, Other Industrial Exports April Rs. Mn. 67,741 59,651-8, January - April 286, ,857-11, Industrial Exports Petroleum Exports April US$ Mn January - April Other Industrial Exports April US$ Mn January - April 2, , (a) Provisional (b) By CEB, excluding self generation. Page 2

9 ( Industry cont..) Industrial Production Index (IPI) (a)(b) ( 2010 = 100 ) Item April April Growth % Manufacture of food products Manufacture of beverages Manufacture of tobacco products Manufacture of textiles Manufacture of wearing apparel Manufacture of leather and related products Manufacture of wood products except furniture Manufacture of paper and paper products Printing and reproduction of recorded media Manufacture of coke and refined petroleum products Manufacture of chemicals and chemical products Manufacture of paharmecuticals, medicinal chemicals Manufacture of rubber and plastic products Manufacture of other non-metallic mineral products Manufacture of basic metals Manufacture of fabricated metal products Manufacture of electrical equipment Industrial Production Index (a) IPI based on ISIC Revision 4 Classification (b) Provisional 4. TELECOMMUNICATIONS Item UNIT 1 st Quarter 1 st Quarter (a) Absolute CHANGE Percentage Telephones (Fixed lines) Number 3,616,411 2,833, , Wireline in service Number 958,038 1,012,489 54, Wireless Access Number 2,658,373 1,820, , Telephone Density (excluding Cellular Phones) per 100 persons Telephone Density (including Cellular Phones) per 100 persons Cellular Phones Number 18,866,134 19,335, , Public Pay Phones Number 6,145 6, Internet and E - mail subscribers ( b ) Number 1,086,000 1,504, , (a) Provisional (b) Including Mobile Broadband Services Page 3

10 5. ENERGY Item UNIT (a) CHANGE Absolute Percentage Crude Oil Imports '000 MT April January - April Other Petroleum Imports '000 MT April January - April 1, Kerosene Sales '000 MT April January - April Petrol Sales '000 MT April January - April Diesel Sales '000 MT April January - April Electricity Generation April Gwh CEB - Hydro Thermal Wind Private Sector Non Convensional Renewable Energy January - April Gwh. 3,856 3, CEB - Hydro 687 1, Thermal 1,231 1, Wind Private Sector 1,935 1, Non Convensional Renewable Energy (a) Provisional 6. HOUSING & CONSTRUCTION Item UNIT 2011 (a) CHANGE 4 th Quarter 4 th Quarter Absolute Percentage Greater Colombo Housing Approvals Index (b) 1995 = Cement (a) Local Production (c) '000 MT April January - April Imports (d) '000 MT April January - April 1,477 1, Total '000 MT April January - April 2,125 2, (a) Provisional (b) Includes housing approvals by five Municipal Councils, seven Urban Councils & eight Pradeshiya Sabhas in Greater Colombo. (c) Local production by Holcim and Tokyo Cement Companies (d) Total Cement imports. Page 4

11 New Registration of Motor Vehicles 7. TRANSPORT Item UNIT (a) CHANGE Number Absolute Percentage April 39,328 29,253-10, Buses Motor Cars 3,776 2,414-1, Three Wheelers 7,667 8, Dual Purpose Vehicles 1, Motor Cycles 21,369 14,757-6, Goods Transport Vehicles (b) 1, Land Vehicles (c) 1,357 1, Other 2,424 1, January - April Number 178, ,271-70, Buses 1, Motor Cars 16,272 7,177-9, Three Wheelers 42,930 30,117-12, Dual Purpose Vehicles 5,967 1,750-4, Motor Cycles 88,527 54,971-33, Goods Transport Vehicles (b) 5,288 2,045-3, Land Vehicles (c) 8,492 4,565-3, Other 9,721 6,992-2, (a) Provisional (b) Lorries and Other Goods Transport Vehicles (c) Tractors, Hand Tractors and Other Land Vehicles 8. PORT SERVICES Item UNIT (a) CHANGE Absolute Percentage Ship Traffic April Number January - April 1,374 1, Container Handling Domestic April TEUs 76,180 80,484 4, January - April 358, ,390-22, Transshipment April TEUs 247, ,649 8, January - April 970,923 1,028,489 57, Re- Stowing April TEUs 6,257 4,107-2, January - April 28,434 19,073-9, Total Container Handling April TEUs 330, ,240 11, January - April 1,357,551 1,382,952 25, Cargo Handling Cargo Discharged April MT 3,202,022 3,188,131-13, January - April 13,436,967 12,788, , Cargo Loaded April MT 1,938,364 2,075, , January - April 8,075,991 8,368, , Total Cargo Handling April MT 5,140,386 5,263, , January - April 21,512,958 21,157, , (a) Provisional TEUs = Twenty - foot Equivalent Container Units. Page 5

12 9. PRICE INDICES Item BASE CHANGE PERIOD Absolute Percentage Colombo Consumers Price Index 2006/07 =100 (CCPI ) May Months ending May WPI* 1974 = 100 April 4, , Months ending April 4, , * Provisional 10. AVERAGE RETAIL PRICES - PETTAH MARKET Item UNIT * CHANGE May May Absolute Percentage Rice Rs/Kg Samba Parboiled Rice Raw Rice (Red) Other Food Items Rs/Kg Dried Chillies(Imported) Red Onions (Local) Big Onions (Local) n.a. - - Dhal (Australian) Potatoes (Local ) Eggs Sugar - White * Provisional 11. POPULATION, UNEMPLOYMENT & WAGE INDICES Item UNIT 2011 (a)(b) (b)(c) Population '000 20,869 20,328 Growth in mid year population Percentage CHANGE Absolute Percentage rd Qt (d)(e) 4 th Qt (d)(f) Labour Force Participation Rate Percentage Unemployment Rate Employment by Industry Agriculture Industry Services May May (b) Wage Indices (Wages Boards) 1978 = 100 3, , Workers in Agriculture Nominal Wage Rate Index 4, , Real Wage Rate Index Workers in Industry and Commerce Nominal Wage Rate Index 2, , Real Wage Rate Index Workers in Services Nominal Wage Rate Index 1, , Real Wage Rate Index (a) Estimated by Registrar General's Department. (b) provisional. (c) Based on "Census of Population and Housing 2011" carried out by the Department of Census & Statistics. (d) Excluding Northern province. (e) Quarterly Labour Force Survey for fourth quarter of 2011 was not conducted. (f) Data covers the entire island Page 6

13 Item 12.GOVERNMENT FINANCE Unit 2011 (a) Change Absolute Percentage Total revenue and Grants (b) December Rs. Mn. 121, ,742-8, January - December 949,917 1,003,915 53, Total revenue (b) December 121, ,403-9, January - December 934, ,844 53, Grants (b) December 350 1, January - December 15,141 16, Recurrent expenditure (b) Rs. Mn. December 78,046 94,391 16, January - December 1,006,633 1,094,249 87, Capital expenditure and net lending (b) Rs. Mn. December 36,176 6,853-29, January - December 393, ,633 5, Financing (b) Rs. Mn. January - December Domestic financing 231, ,511-28, Treasury bills 79,616 16,782-62, Treasury bonds 168, ,548-13, Rupee loans -25,748-3,576 22, Other 8,954 34,758 25, Foreign financing 218, ,455 67, (a) Change UNIT End December End December Absolute Percentage Total outstanding govt. debt Rs. Mn. 5,133,365 6,000, , Total domestic debt Rs. Mn. 2,804,085 3,232, , By Maturity Short term 698, , , o/w Treasury bills 590, ,070 38, Central bank advances 94, ,292 16, Medium & Long term 2,105,895 2,419, , o/w Treasury bonds 1,819,251 2,095, , Rupee loans 61,961 58,386-3, Sri Lanka Development Bonds 183, ,994 39, By Institution Non - Bank 1,917,864 2,172, , Bank 886,221 1,060, , Total foreign debt ( c) Rs. Mn. 2,329,280 2,767, , Concessional 1,328,797 1,369,568 40, Multilateral 624, ,692 46, of which ; IDA 293, ,779-24, ADB 313, ,943 54, Bilateral 704, ,876-5, of which ; Japan 461, ,661-79, Non Concessional 1,000,484 1,397, , (a) Provisional (b) Revenue, expenditure and financing figures are based on the economic classification (c) Excluding liabilities to the IMF Page 7

14 13. MONETARY AGGREGATES & UNDERLYING FACTORS Item UNIT Beginning End CHANGE January April* Absolute Percentage Narrow Money Supply (M 1 ) Rs. Mn. 438, ,198 5, , ,085 3, Currency Held by the Public 242, ,489 1, , ,811-3, Demand Deposits Held by the Public 195, ,709 3, , ,274 6, Broad Money Supply (M 2 ) (1) Rs. Mn. 2,192,603 2,353, , ,593,185 2,788, , Time & Savings Deposits Held by the Public (Quasi Money) Rs. Mn. 1,753,896 1,909, , ,143,136 2,335, , Underlying Factors (M 2 ) Rs. Mn. Net Foreign Assets (2) 150, ,270-38, ,395 74,790-37, Domestic Credit 2,628,418 2,964, , ,176,184 3,399, , To Government (Net) 912,850 1,075, , To Corporations 91, ,648 19, To Co-operatives 2,453 2, To Other Private Sector 2,169,624 2,211,339 41, Other Items (Net) (3) -586, , , , ,281-11, Consolidated Broad Money Supply (M 2b ) (3) Rs.Mn. 2,491,740 2,719, , ,929,070 3,132, , Adjusted Time & Savings Deposits Held by the Public (Quasi Money) 2,053,032 2,274, , ,479,021 2,679, , Underlying Factors (M 2b ) Rs.Mn. Net Foreign Assets (3) 98,057 20,491-77, ,831-95,174-69, Domestic Credit 3,037,970 3,465, , ,696,131 3,964, , To Government (Net) 1,045,232 1,217, , To Corporations 292, ,558 52, To Co-operatives 2,453 2, To Other Private Sector 2,355,969 2,400,783 44, Other Items (Net) (3) -644, , , , ,133 4, Reserve Money Rs. Mn. 439, ,307 9, , ,288 15, Money Multipliers M 1 Multiplier M 2 Multiplier M 2b Multiplier (1) M 2 = M 1 + Quasi Money (2) Net Foreign Assets (NFA) of the Central Bank are based on market value from beginning of January This reflected in NFA and net other items. (3) Based on a consolidated monetary survey which covers aggregated data pertaining to both Domestic Banking Units (DBUs) and Foreign Currency Banking Units (FCBUs) of commercial banks operating in Sri Lanka. It also includes foreign currency deposits held by residents. M 2b is the sum of M 1 and adjusted quasi money. M 1 is the same in both cases; i.e., DBU monetary survey and consolidated monetary survey. * Provisional Page 8

15 (Monetary Aggregates & Underlying Factors Contd ) Item UNIT Beginning End CHANGE January April* Absolute Percentage Broad Money Supply (M 4 ) (1) Rs.Mn. 3,135,822 3,393, , ,685,041 3,931, , Quasi Money 2,715,894 2,967, , ,257,099 3,502, , Underlying Factors (M 4 ) Net Foreign Assets 92,416 12,295-80, , ,848-74, Domestic Credit 3,940,707 4,416, , ,829,091 5,155, , To Government (Net) 1,389,920 1,586, , To Corporations 292, ,558 52, To Private Sector 3,146,694 3,224,271 77, Other Items (Net) -897,301-1,034, , ,108,977-1,113,831-4, Reserve Money Rs.Mn. 439, ,307 9, , ,288 15, Money Multipliers M 4 Multiplier Rs.Mn (1) Based on financial survey which covers consolidated monetary survey data ( both DBUs & FCBUs) and transactions of licenced finance companies,licenced specialized banks and regional development banks. * Provisional 14. BANKING Item UNIT CHANGE End April End April* Absolute Percentage Commercial Banks(1) Loans & Advances (Total Outstanding) Rs. Mn. 2,068,451 2,387, , Investment (Total Outstanding) Treasury Bills Rs. Mn. 209, , , Other Govt. Securities (2) 303, , , Other Investments 58,479 60,714 2, Total Deposits Rs. Mn. 2,565,981 2,977, , Commercial Banks' Liquidity Excess Reserves and Cash in Hand Rs. Mn. 31,023 44,303 13, Call Market Borrowings Last week of May Rs. Mn. 56,178 66,690 10,512 #VALUE! 18.7 End April End April * Foreign Currency Banking Units (FCBUs) FCBUs Number Total Assets / Liabilities Rs. Mn. 639, , , Assets Loans & Advances - Residents 540, ,966 83, Loans & Advances - Non-Residents 83, ,811 42, Other Assets 16,186 13,199-2, Liabilities Deposits & Borrowings - Residents 277, ,604-99, Deposits & Borrowings - Non-Residents 276, , , Other Liabilities 85,526 87,233 1, National Savings Bank End March End March* Time & Savings Deposits Rs. Mn. 409, ,555 47, (1) Loans and advances include loans,overdrafts,bills (import,export and local bills) purchased and discounted. (2) Includes Rupee Securities, Treasury Bonds and Sri Lanka Development Bonds. * Provisional Page 9

16 15. INTEREST RATES Item UNIT May May CHANGE Last Week Last Week Absolute Percentage Treasury Bills Yield 91 Days Per cent Days Days Treasury Bonds (1) May May 2 Years Years Years Years Years Years - - AWDR (2) Per cent AWFDR (3) Per cent May May Last week Last Week AWPR (4) Per cent Call Money Rates Per cent Repo (5) Per cent Reverse Repo (6) Per cent Sri Lanka Inter Bank Offer Rate May May (SLIBOR) (7) 1 Day Per cent Days Per cent Month Per cent Month Per cent Month Per cent Month Per cent April April AWLR (8) Per cent Saving Rates Per cent February February Commercial Banks National Savings Bank Fixed Deposit Rates Per cent Commercial Banks (12 Months) National Savings Bank (12 Months ) Long Term Lending Rates Per cent End January End January SMIB DFCC NSB NHDA (1) Range of the Average Weighted Yield Rates at the auctions held during the month. (2) AWDR (Average Weighted Deposit Rate) of commercial banks is computed monthly. (3) AWFDR (Average Weighted Fixed Deposit Rate) of commercial banks is computed monthly. (4) AWPR (Average Weighted Prime Lending Rate) of commercial banks is computed weekly. (5) Central Bank Overnight Repurchase Rate (6) Central Bank Overnight Reverse Repurchase Rate (7) As at last working day of the month (8) AWLR (Average Weighted Lending Rate) of commercial banks is computed monthly. Page 10

17 16. CREDIT CARDS Credit Cards(1) Unit End December End March* End April** Total Number of Active Cards Number 952, , ,323 Local (accepted only locally) 60,049 59,166 59,038 Global (accepted globally) 892, , ,285 Outstanding balance Rs. Mn. 44,445 44,970 46,406 Local (accepted only locally) 1,183 1,163 1,158 Global (accepted globally) 43,262 43,808 45,247 *Revised ** Provisional (1) Issued by Licensed Commercial Banks 17. COMMERCIAL PAPER ISSUES Item Unit End December End February End March* Commercial Paper Issues (1) Rs. Bn. Total Issues Outstanding (at the end of the period) * Provisional (1) Based on the information provided by Licensed Commercial Banks and Licensed Specialised Banks 18. SHARE MARKET Item UNIT CHANGE End May End May Absolute Percentage All Share Price Index (ASPI) 1985 = 100 4, , , Milanka Price Index (MPI) , =1000 S&P Sri Lanka 20 (S&P SL20)* 2004 = , Market Capitalisation Rs. Bn. 1, , Non-national Transactions ** Rs. Mn. Purchases 3, , , Sales 1, , , Net Purchases 1, , , * The S&P Sri Lanka 20 Index (S&P SL20) was introduced in June. **Total for the month Page 11

18 19. EXTERNAL TRADE Item UNIT * CHANGE Absolute Percentage Exports Rs. Mn. April 96,211 87,792-8, January - April 401, ,416-14, Imports April 185, ,814 6, January - April 821, ,815-58, Balance of Trade April -89, ,022-14, January - April -419, ,400 44, Exports US $ Mn. April January - April 3,318 3, Imports April 1,440 1, January - April 6,790 6, Balance of Trade April January - April -3, , Tourism Tourist Arrivals Number April 69,591 79,829 10, January - April 330, ,627 38, Earnings from Tourism April Rs. Mn. 9, , , January - April 41, , , April US$ Mn January - April * Provisional Page 12

19 ( External Trade Contd...) IMPORTS Item UNIT * CHANGE Absolute Percentage Major Imports Consumer Goods - Total Rs. Mn. April 31,132 34,370 3, January - April 136, ,549-11, Vegetables April 1,875 3,083 1, January - April 7,952 11,659 3, Sugar April 3,171 4,927 1, January - April 14,988 13,890-1, Dairy Products April 3,012 2, January - April 14,583 11,261-3, Other Food and Beverages April 4,297 6,928 2, January - April 18,973 19, Vehicles April 7,259 5,242-2, January - April 30,142 17,151-12, Medical and Pharmaceuticals April 3,735 4, January - April 15,069 14, Other Non Food Consumables April 7,783 8,870 1, January - April 34,725 35, Intermediate Goods - Total April 107, ,456 3, January - April 482, ,359-36, Petroleum Products April 46,605 43,277-3, January - April 231, ,552-49, Textile & textile articles April 23,453 19,427-4, January - April 86,735 82,346-4, Diomonds & Precious or Semi Stones April 5,133 9,283 4, January - April 25,847 26, Wheat April 3,216 5,543 2, January - April 17,771 14,642-3, Other Intermediate Goods April 29,468 33,926 4, January - April 120, ,414 19, Investment Goods - Total April 46,188 45, January - April 201, ,453-8, Machinery & Equipment April 23,737 23, January - April 91,699 98,590 6, Other Investment Goods April 22,451 22, January - April 109,570 93,862-15, Total Imports - (Adjusted Figure) April 185, ,814 6, January - April 821, ,815-58, * Provisional Page 13

20 ( External Trade Contd...) Item UNIT * CHANGE Absolute Percentage Major Imports Consumer Goods - Total US $ Mn. April January - April 1, Vegetables April January - April Sugar April January - April Dairy Products April January - April Other Food and Beverages April January - April Vehicles April January - April Medical and Pharmaceuticals April January - April Other Non Food Consumables April January - April Intermediate Goods - Total April January - April 3, , Petroleum Products April January - April 1, , Textile & textile articles April January - April Diomonds & Precious or Semi Stones April January - April Wheat April January - April Other Intermediate Goods April January - April , Investment Goods - Total April January - April 1, , Machinery & Equipment April January - April Other Investment Goods April January - April Total Imports - (Adjusted Figure) April 1, , January - April 6, , * Provisional Page 14

21 ( External Trade Contd...) EXPORTS Item UNIT * CHANGE Absolute Percentage Tea Rs. Mn. April 13,532 13, January - April 53,594 55,702 2, Rubber April 1, , January - April 8,157 3,731-4, Coconut April 2,067 1, January - April 8,992 6,879-2, Spices April 1,647 2, January - April 6,297 10,476 4, Minor Agricultural Products April January - April 3,189 3, Textile & Garments April 41,585 34,656-6, January - April 164, ,780 3, Gem Diamonds and Jewellary April 4,241 4, January - April 22,894 17,633-5, Rubber Products April 7,911 7, January - April 35,753 32,935-2, Mineral Exports April 1, , January - April 3, , Total Exports (Adjusted value) April 96,211 87,792-8, January - April 401, ,416-14, Tea US $ Mn. April January - April Rubber April January - April Coconut April January - April Spices April January - April Minor Agricultural Products April January - April Textile & Garments April January - April Gem Diamonds and Jewellary April January - April Rubber Products April January - April Mineral Exports April January - April Total Exports (Adjusted value) April January - April 3, , * Provisional Page 15

22 ( External Trade Contd...) MAJOR EXPORTS & IMPORTS - VOLUMES AND PRICES Item * CHANGE April April Absolute Percentage Export Volume Tea Mn. Kg Rubber Mn. Kg Coconut Mn. Nuts Export Prices Tea Rs./ Kg US $/ Kg Rubber Rs./ Kg Coconut US $/ Kg Rs./ Nut US $/ Nut Colombo Auction Average Gross Price Tea Rs./ Kg Rubber Rs./ Kg Coconut Rs./ Nut Quantity Sold Tea Import Volumes Mn. Kg Rice MT ' Wheat & Maize MT '000 Sugar MT ' Petroleum (Crude Oil) Barrels '000 1, , Import Prices (Average) Rice Rs./MT 92, , , US$/MT Wheat & Maize Rs./MT 38, , , US$/MT Sugar Rs./MT 81, , , US$/MT Petroleum(Crude Oil) Rs./Barrel 15, ,010-1, US$/Barrel * Provisional TRADE INDICES** ( 2010 = 100 ) Item UNIT * March March Total Exports Value Quantity Unit Value Total Imports Value Quantity Unit Value Terms of Trade ** In US$ Terms * Provisional 20. INTERNATIONAL FINANCE Item UNIT CHANGE April April Absolute Percentage External Assets (a) (b) Total Reserves Rs. Mn. 949, ,078, , US$ Mn. 7, , , Gross Official Reserves Rs. Mn. 763, , , US$ Mn. 5, , , May May Rs./SDR Exchange Rates (Period Ave.) Rs./US $ Rs./UKP Rs/.In Rs Rs/Yen Rs/Euro Forward Exchange Rates (c) Rs. / US $ May One month Two months Three months (a) Reserve data have been revised to include balances in DST's special Yen accounts in consultation with IMF, and placement for war risk insurance. From October 2002 external assets are calculated at market values. (b) Excluding ACU receipts. (c) Average for the last five working days of the month of May based on actual transactions. Page 16

23 ( International Finance Contd...) Item Balance of Payments (a) US $ Mn 2011 (b) (b) 2011 (b) (b) 4th Quarter 4th Quarter Annual Annual Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net A. GOODS (c) 2, , , , , , , , , , , ,409.0 Merchandise 2, , , , , , , , , , , ,409.0 B. SERVICES , , , , , , ,250.0 Transportation , , , Travel (d) , Telecommunications Services Computer and Information Services Construction Services Insurance Services Other Business Services Government Expenditure n.i.e C. INCOME , , ,148.3 Compensation of Employees Direct Investment Interest and other charges D. CURRENT TRANSFERS 1, , , , , , , ,392.0 Private 1, , , , , , , ,339.0 Official (e) CURRENT ACCOUNT 4, , , , , , , , , , , ,915.3 CAPITAL AND FINANCIAL ACCOUNT 2, , , , , , , , , , , ,683.9 CAPITAL ACCOUNT Capital Transfers General Government (Other) (f) FINANCIAL ACCOUNT 2, , , , , , , , , , , ,553.5 Private Investment 1, , , , , , , , , , ,213.1 Long - term , , , ,374.7 Direct Investment Other Private Long-term Short - term , , , , , , Portfolio Investment Other Private Short-term (g) , , , , , Commercial Bank - Assets , , Commercial Bank - Liabilities , ,434.7 Central Government , , , , , , ,340.5 Long-term , , , , ,497.2 Short - term , , , Treasury Bills , , Treasury Bonds , MONETARY SECTOR 1, , , , , , , , Government - Assets , Government - Liabilities (h) Central Bank - Assets (i) 1, , , , , Central Bank - Liabilities (j) , , , Transactions with IMF (k) Allocation of SDRs (l) Errors & Omissions Overall Balance -1, , (a) The above presentation conforms as far as possible to international practice as followed by the International Monetary Fund (IMF), in the Balance of Payments Manual, 5th edition (1993). In addition, beginning 1994, Offshore Banking Units have been treated as a part of the domestic banking system. Sources : Sri Lanka Customs External Resources Department (b) Provisional Board of Investments of Sri Lanka (c) Exports are recorded on f.o.b. valuation; imports on c.i.f. valuation. Department of Census and Statistics (d) Passage collections by foreign shipping agents and airlines are included under transportation. Central Bank of Sri Lanka (e) Indicates outright grants received in the form of programme, food and commodity aid, cash and technical assistance. (f) Includes outright grants received in the form of project aid. (g) Credit entries refer mainly to an increase in liabilities resulting from imports under trade credits. The debit entries in respect of such imports are in the merchandise account and are recorded on an arrivals basis. Debit entries refers to a decline in such liabilities and are recorded at the time of settlement of payment for such imports. (h) The change in capital of the monetary sector is based on local records. (i) Change in Central Bank assets include changes in monetary gold, SDR holdings, liquid balances abroad, foreign securities, other deposits and reserve position in the IMF. (j) Change in Central Bank liabilities include changes in Asian Clearing Union (ACU) liabilities, PRGF (Poverty Reduction and Growth Trust Fund) loan, (EFF) Extended Fund Facility and emergency assistance and other deposits. (k) The figures shown in the credit column relate to the increase in liabilities to the IMF arising from drawings from the IMF and receipts under the Stand-by Arrangement facility in US dollar and Sri Lanka Rupee values reflect changes in the representative rate of the Special Drawing Rights (SDR). Figures in the debit column are in respect of repurchases or repayments, made in installments to the IMF, in respect of earlier drawings. Subscriptions to the IMF, consequent to successive increases in Sri Lanka's quota, are also shown in the debit column. (l) General and special allocations of SDRs by the IMF. page 17