FINANCE News from Sri Lanka Gradient Alliance July Issue 2015



In Economic News	In Business News	In Consumer News



1Q15 GDP growth revised to 5.1%, with change of base year.	Tourists up 11.9% YoY in June, 115,467 visitors arrive.	Litro Gas reduces gas prices, election offering!?

US GSP restored, but big export boost unlikely.	Vehicle reg. up 90.6% YoY, 3 wheeler demand overwhelming.	Deflation in July -0.2% YoY, as price reductions take effect.

Construction sector gets into gear after tepid period.	Business conf. at 159 in June, +5pts MoM.	Trade deficit in May expands to USD 702.9m (+49.7% YoY).

Total, Shell and ExxonMobil may enter, as Cairn exits.	Stock market Stock marketcloses at 7,332.05 in July, (+4.4% MoM)	Consumer conf. index at 79 in June, flat MoM


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