Sri Lanka’s economy grows 6.8-pct in 2Q 2013

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.