Sri Lanka, June 17 -- Sri Lanka's economy expanded by 4.8 percent in the first quarter ended in March 2025, extending the recovery, which set off in the third quarter of 2023, the data released from the Census and Statistics Department showed.
While this reflects some easing from the 5.4 percent growth seen in the final quarter in 2024, the first quarter growth is still robust, given some seasonal factors at play between the two quarters.
The first quarter GDP is mainly supported by the industrial activities, which expanded by a robust 9.7 percent, followed by the services, which grew by 2.8 percent.
However, agriculture remained a sour spot, with such activities declining 0.7 percent. Meanwhile, the taxes less subsidies on products gr...
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