Sri Lanka’s Official Poverty line sees slight drop in August 2024

August 2024 Industrial Production and Poverty Report

  • Industrial production volume increased by 1.2% compared to 2023.
  • Manufacturing sector index increased to 91.3% from 90.2% in 2023.
  • Textiles, apparels, food products, paper, and paper products significantly contributed to increase.
  • Beverages and tobacco production decreased in August 2024.
  • Official Poverty line at National level slightly reduced to Rs. 16,152 from Rs. 16,373 in July 2024.
  • Decreased due to lower National Consumer Price Index value.

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