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Sri Lanka’s economy grew at an annual 6.4% in the first quarter of this year, the same pace it recorded in the last three months of 2014 and hovering at its slowest pace since the first quarter of 2013, the statistics office said yesterday.
The industrial sector expanded by 6.5% year-on-year and the services sector by 7.5%. The agricultural sector edged up 0.7%.
Economic growth picked up to 7.4% last year, slightly higher than 7.2% in 2013, but below the central bank’s estimate of 7.8%. The central bank expects 7% growth this year.
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