Sri Lanka’s industrial production rises by 1.2% in August 2024
The industrial production index showed a 1.2% growth in August 2024 compared to August 2023.
The Department of Census and Statistics of Sri Lanka noted that the index, which stood at 90.2 in August 2023, had risen to 91.3 in August 2024.
It was highlighted that food production significantly increased during this period. However, a decline in the production of beverages and tobacco-related products was observed in August 2024.
Meanwhile, compared to July, the country’s official poverty line slightly decreased in August, dropping from Rs. 16,373 in July to Rs. 16,152 in August.
The Department of Census and Statistics mentioned that this represents an increase when compared to August 2023.
Key improvements include eliminating repetitive phrases and ensuring a smoother flow of information.
Latest Headlines in Sri Lanka
- N.B.M. Ranatunga Resigns as NHDA Chairman January 31, 2025
- Sri Lanka Customs launches 4-day drive to clear container backlog January 31, 2025
- Three shot dead in Hiniduma, Galle January 31, 2025
- Governor Hanif Yusoof files CID complaint against ‘Baseless’ allegations January 30, 2025
- Sri Lanka’s 77th Independence Day celebrations open to public January 30, 2025
Thank you, RW and team. You did a marvellous job revving our economy.
But, Team, we are preparing for the plunge under the current blubberers.