‘s economy grows 6.8-pct in 2Q 2013

Author lbostgadmin | Posted on September 13, 2013 | Economy

Sept 13, 20132 (LBO) – Sri Lanka’s economy grew 6.8 percent in the June 2013 quarter from a year earlier, the state statistics office said.
Government services grew 3.9 percent.

The agriculture sector shrank 1.
1 percent; industry grew 10.1 percent and services 6.6 percent.

In agriculture tea had contracted 0.
5 percent, rubber had grown 2.0 percent, coconut had shrunk 25.
4 percent and paddy was up 2.1 percent.

Fishing contracted 5.3 percent.

In industry manufacturing was up 5.
3 percent with textile and apparel up 6.2 percent. Mining was up 12.6 percent.

In services wholesale and retail trade was up 6.
6 percent, transport 10 percent, hotels and restaurants up 21.1 percent.

Telecoms was up 8.9 percent, banking and finance was up 6.
3 percent.