Sri Lanka’s GDP has grown by 4.8% in the third quarter of 2012, compared to 8.5% during the same period last year.
The growth is the slowest since the end of the armed conflict in 2009.
The industry sector grew by 7.3%, a decrease from last year’s 10.8%, while agriculture contracted by 0.5%, compared to 6.5% growth last year.
The manufacturing sector grew 3.3%, slowing from 7.7 percent last year, with textiles and apparel expanding by 2.9%, a large drop from the 10.2% recorded a year earlier.
Growth Trend – LBO (19 Dec 2012)
We need your support
Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.
Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view
We need your support in keeping our journalism going. Support our work today.
For more ways to donate visit https://donate.tamilguardian.com.
