Q4 2017 Dashboard- January 2018

Q4 2017 in Summary    

Economic growth dropped further for Sri Lanka in Q3 2017. However, macro factors are showing signs of easing in Q4. Exports have grown close to double digits in the period July-Oct 17 versus last year. Garments exports too show a pick up. Inflation and taxes remain concerns impacting consumption.    

Business Confidence and Consumer Confidence have shown signs of revival in Q4’17. Outlook on economy and investment climate showed improvement though business outlook is still bleak given pressures on consumption.

Inflation continued to impact FMCG prices and FMCG consumption witnessed a big drop in Q4 2017 rendering a decline at an annual level. Food inflation is higher compared to Non-Food but consumers are trading off on consumption of Home Care and Personal Care products more than Food & Beverages.

For the full report including thoughts of the Managing Director Sharang Pant, Macro indicators (GDP Growth, Positives, Confidence, Indices, Exports and Remittances, Outlook for the Economy, Inflation pressure) and FMCG Consumption (Food and Beverages, Personal Care, Home Care) please click the link below

Sri Lanka Dashboard Q4 2017 (3)

Source: The Nielsen Company