Weekly Economic Indicators
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
6,080.09 6,004.11 PRICE INDICES All Share Price Index (ASPI) Today
1 06-11-2020 PRICE INDICES Today Prv.Day Intra day trading of ASPI ñ, o¾Yl / tpiyr;Rl;bfs; wo mQ¾j Èk Èkh ;=< ish¨ fldgia ñ, o¾Ylh ,d;W Kd;dh; midj;Jg; gq;F tpiyr;Rl;bapd; Fwpj;j jpdtpahghuk; All Share Price Index (ASPI) 6,080.09 6,004.11 ish¨ fldgia ñ, o¾Ylh midj;J gq;F tpiyr;Rl;b S&P Sri Lanka 20 Index 2,370.30 2,347.40 S&P Y%S ,xld 20 ñ, o¾Ylh S&P =yq;fh 20 tpiyr;Rl;b TOTAL RETURN INDICES iuia; m%;s,dN o¾Yl /nkhj;j tUtha; Rl;bfs; TRI on All Share (ASTRI) 8,145.85 8,044.05 ish¨ fldgia uq¿ m%;s,dN o¾Ylh midj;Jg; gq;Fr;Rl;b kPjhd nkhj;j tUtha; TRI on S&P Sri Lanka 20 Index 3,873.47 3,836.04 S&P Y%S ,xld 20 uq¿ m%;s,dN o¾Ylh S&P =yq;fh 20 kPjhd nkhj;j tUtha; TOTAL TURNOVER (Rs.) iuia; msßjegqu / nkhj;j Gus;T Equity 4,991,919,692 fldgia / chpikg;gq;F Closed End Funds 0 wdjD;a;dka; wruqo,a / %ba epjpaq;fs;; Top 10 Contributors to the change of ASPI Corporate Debt 0 ish¨ fldgia ñ, o¾Ylfha fjkia ùu i|yd by<u odhl;ajh oelajQ iq/l=ïm;a 10 idx.ñl Kh /jdpahh;Jiw fld;fs; midj;Jg; gq;F tpiyr;Rl;bapd; mirtpw;F gq;fspg;G toq;fpa Kjy; 10 gpizaq;fs; Government Debt 0 rdcH Kh / murJiw fld;fs; MARKET CAPITALIZATION (Rs.) fjf<|fmd< m%d.aOkSlrKh / re;ij Kjyhf;fk; As at Today Last Month YTD Change % wo Èkg mQ¾j udifha§ fjkia ùu ] ,d;W fle;j khjk; Mz;Lf;fhd mirT % 2,649,307,531,398 2,494,263,297,621 (7.08) EQUITY FUNDS fldgia/ cupikg;gq;F wruqo,a / epjpaq;fs; Value of Turnover (Rs.) 4,991,919,692 0 msßjegqfï jákdlu / Gus;tpd; ngWkjp Domestic Purchases 4,897,602,550 0 foaYSh ñ, § .ekSï cs;ehl;L nfhs;tdTfs; Domestic Sales 4,746,573,937 0 foaYSh úlsKqï/ cs;ehl;L -
List of Acronyms
List of Acronyms ACU Asian Clearing Union CPI Consumer Price Index AD Aggregate Demand CRB Cooperative Rural Bank ADB Asian Development Bank CRIB Credit Information Bureau AFP Avian Flu Pendemic CSE Colombo Stock Exchange ALR Academy of Labour Relations CSI Container Security Initiative APCPI Anuradhapura District Consumers' Price Index CTC Cut, Tear and Curl APSES Annual Public Sector Employment Survey CV Coefficient of Variation ASPI All Share Price Index CWDCS Country Wide Data Collection System ATM Automated Teller Machine DAPH Department of Animal Production and Health AWDR Average Weighted Deposit Rate DC Desiccated Coconut AWLR Average Weighted Lending Rate DCS Department of Census and Statistics AWPR Average Weighted Prime Lending Rate DEA Department of Export Agriculture BCP Business Continuity Plan DFCC Development Finance Corporation of Ceylon BIA B andaranaike Internati onal Ai rporl DOA Department of Agriculture BIMST-EC Bay of Bengal Initiative for Multi Sector DOP Department of Posts Technical and Economic Co-operation DRS Disaster Recovery Site BIS Bank for International Settlement DTET Department of Technical Education and BOC Bank of Ceylon Training BOI Board of Investment EDB Export Development Board BOP Balance of Payments EFTPOS Electronic Fund Transfer Facilities at the Point BPO Business Process Outsourcine of Sale bps Basis Points EPF Employees' Provident Fund BRAWA Budgetary Relief Allowance of Workers Act ESC Economic Service Charge BRP Business Restructuring Plan ETF Employees' Trust Fund CALPERS California -
7558.28 7458.27 PRICE INDICES All Share Price Index
1 12-04-2021 PRICE INDICES Today Prv.Day Intra day trading of ASPI ñ, o¾Yl / tpiyr;Rl;bfs; wo mQ¾j Èk Èkh ;=< ish¨ fldgia ñ, o¾Ylh ,d;W Kd;dh; midj;Jg; gq;F tpiyr;Rl;bapd; Fwpj;j jpdtpahghuk; All Share Price Index (ASPI) 7,558.28 7,458.27 ish¨ fldgia ñ, o¾Ylh midj;J gq;F tpiyr;Rl;b S&P Sri Lanka 20 Index 3,064.65 3,020.57 S&P Y%S ,xld 20 ñ, o¾Ylh S&P =yq;fh 20 tpiyr;Rl;b TOTAL RETURN INDICES iuia; m%;s,dN o¾Yl /nkhj;j tUtha; Rl;bfs; TRI on All Share (ASTRI) 10,137.63 10,003.38 ish¨ fldgia uq¿ m%;s,dN o¾Ylh midj;Jg; gq;Fr;Rl;b kPjhd nkhj;j tUtha; TRI on S&P Sri Lanka 20 Index 5,147.24 5,073.21 S&P Y%S ,xld 20 uq¿ m%;s,dN o¾Ylh S&P =yq;fh 20 kPjhd nkhj;j tUtha; TOTAL TURNOVER (Rs.) iuia; msßjegqu / nkhj;j Gus;T Equity 3,514,086,420 fldgia / chpikg;gq;F Closed End Funds 0 wdjD;a;dka; wruqo,a / %ba epjpaq;fs;; Top 10 Contributors to the change of ASPI Corporate Debt 0 ish¨ fldgia ñ, o¾Ylfha fjkia ùu i|yd by<u odhl;ajh oelajQ iq/l=ïm;a 10 idx.ñl Kh /jdpahh;Jiw fld;fs; midj;Jg; gq;F tpiyr;Rl;bapd; mirtpw;F gq;fspg;G toq;fpa Kjy; 10 gpizaq;fs; Government Debt 0 rdcH Kh / murJiw fld;fs; MARKET CAPITALIZATION (Rs.) fjf<|fmd< m%d.aOkSlrKh / re;ij Kjyhf;fk; As at Today Last Month YTD Change % wo Èkg mQ¾j udifha§ fjkia ùu ] ,d;W fle;j khjk; Mz;Lf;fhd mirT % 3,310,416,464,047 3,111,259,455,576 11.81 EQUITY FUNDS fldgia/ cupikg;gq;F wruqo,a / epjpaq;fs; Value of Turnover (Rs.) 3,514,086,420 0 msßjegqfï jákdlu / Gus;tpd; ngWkjp Domestic Purchases 3,482,375,876 0 foaYSh ñ, § .ekSï cs;ehl;L nfhs;tdTfs; Domestic Sales 2,975,123,654 0 foaYSh úlsKqï/ cs;ehl;L -
“Stock Prices and Exchange Rates in Sri Lanka: Some Empirical Evidence”
“Stock prices and exchange rates in Sri Lanka: some empirical evidence” AUTHORS Guneratne B. Wickremasinghe Guneratne B. Wickremasinghe (2012). Stock prices and exchange rates in Sri ARTICLE INFO Lanka: some empirical evidence. Investment Management and Financial Innovations, 9(4) RELEASED ON Friday, 14 December 2012 JOURNAL "Investment Management and Financial Innovations" FOUNDER LLC “Consulting Publishing Company “Business Perspectives” NUMBER OF REFERENCES NUMBER OF FIGURES NUMBER OF TABLES 0 0 0 © The author(s) 2021. This publication is an open access article. businessperspectives.org Investment Management and Financial Innovations, Volume 9, Issue 4, 2012 Guneratne B. Wickremasinghe (Australia) Stock prices and exchange rates in Sri Lanka: some empirical evidence Abstract This paper examines the relationship between stock prices and exchange rates in Sri Lanka. The author uses monthly data on four foreign exchange rates and the All Share Price Index (ASPI) of the Colombo Stock Exchange in the em- pirical analysis. The Johansen’s cointegration test finds no long-run relationships between stock prices (ASPI) and any of the four exchange rates during the sample period. Therefore, the paper proceeded to test for short-run in-sample causal relationships between stock prices and exchange rates and found one unidirectional relationship from stock prices to the US dollar exchange rate. In addition, the author performed a variance decomposition analysis to get in- sights into the out-of-sample causal relationships between exchange rates and stock prices. The results indicate that most of the variance of the ASPI, particularly, at longer horizons is explained by the Indian rupee with the other cur- rencies explaining a very little variation of the ASPI. -
6,060.89 6,108.22 PRICE INDICES All Share Price Index (ASPI) Today
1 19-11-2020 PRICE INDICES Today Prv.Day Intra day trading of ASPI ñ, o¾Yl / tpiyr;Rl;bfs; wo mQ¾j Èk Èkh ;=< ish¨ fldgia ñ, o¾Ylh ,d;W Kd;dh; midj;Jg; gq;F tpiyr;Rl;bapd; Fwpj;j jpdtpahghuk; All Share Price Index (ASPI) 6,060.89 6,108.22 ish¨ fldgia ñ, o¾Ylh midj;J gq;F tpiyr;Rl;b S&P Sri Lanka 20 Index 2,387.88 2,397.26 S&P Y%S ,xld 20 ñ, o¾Ylh S&P =yq;fh 20 tpiyr;Rl;b TOTAL RETURN INDICES iuia; m%;s,dN o¾Yl /nkhj;j tUtha; Rl;bfs; TRI on All Share (ASTRI) 8,121.58 8,183.77 ish¨ fldgia uq¿ m%;s,dN o¾Ylh midj;Jg; gq;Fr;Rl;b kPjhd nkhj;j tUtha; TRI on S&P Sri Lanka 20 Index 3,912.32 3,924.38 S&P Y%S ,xld 20 uq¿ m%;s,dN o¾Ylh S&P =yq;fh 20 kPjhd nkhj;j tUtha; TOTAL TURNOVER (Rs.) iuia; msßjegqu / nkhj;j Gus;T Equity 1,403,519,116 fldgia / chpikg;gq;F Closed End Funds 261,679 wdjD;a;dka; wruqo,a / %ba epjpaq;fs;; Top 10 Contributors to the change of ASPI Corporate Debt 0 ish¨ fldgia ñ, o¾Ylfha fjkia ùu i|yd by<u odhl;ajh oelajQ iq/l=ïm;a 10 idx.ñl Kh /jdpahh;Jiw fld;fs; midj;Jg; gq;F tpiyr;Rl;bapd; mirtpw;F gq;fspg;G toq;fpa Kjy; 10 gpizaq;fs; Government Debt 0 rdcH Kh / murJiw fld;fs; MARKET CAPITALIZATION (Rs.) fjf<|fmd< m%d.aOkSlrKh / re;ij Kjyhf;fk; As at Today Last Month YTD Change % wo Èkg mQ¾j udifha§ fjkia ùu ] ,d;W fle;j khjk; Mz;Lf;fhd mirT % 2,643,023,465,722 2,494,263,297,621 (7.31) EQUITY FUNDS fldgia/ cupikg;gq;F wruqo,a / epjpaq;fs; Value of Turnover (Rs.) 1,403,519,116 261,679 msßjegqfï jákdlu / Gus;tpd; ngWkjp Domestic Purchases 1,315,993,561 261,679 foaYSh ñ, § .ekSï cs;ehl;L nfhs;tdTfs; Domestic Sales 1,345,407,130 261,679 -
Sri Lanka Development Update Has Two Main Aims
SRI LANKA DEVELOPMENT UPDATE MORE AND BETTER JOBS FOR AN UPPER MIDDLE-INCOME COUNTRY June 2018 Standard Disclaimer: This volume is a product of the staff of the International Bank for Reconstruction and Development/ The World Bank. The findings, interpretations, and conclusions expressed in this paper do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries Copyright Statement: The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development/ The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA, telephone 978-750-8400, fax 978-750-4470, http://www.copyright.com/. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA, fax 202-522-2422, e-mail [email protected]. Photo Credits: Cover: Anuki Premachandra; Executive Summary: Sashikala Jeyaraj; Recent Developments: Joseph C. -
Aspi
1 03-07-2020 PRICE INDICES Today Prv.Day Intra day trading of ASPI ñ, o¾Yl / tpiyr;Rl;bfs; wo mQ¾j Èk Èkh ;=< ish¨ fldgia ñ, o¾Ylh ,d;W Kd;dh; midj;Jg; gq;F tpiyr;Rl;bapd; Fwpj;j jpdtpahghuk; All Share Price Index (ASPI) 5,050.90 5,109.04 ish¨ fldgia ñ, o¾Ylh midj;J gq;F tpiyr;Rl;b S&P Sri Lanka 20 Index 2,190.75 2,229.32 S&P Y%S ,xld 20 ñ, o¾Ylh S&P =yq;fh 20 tpiyr;Rl;b TOTAL RETURN INDICES iuia; m%;s,dN o¾Yl /nkhj;j tUtha; Rl;bfs; TRI on All Share (ASTRI) 6,764.09 6,841.95 ish¨ fldgia uq¿ m%;s,dN o¾Ylh midj;Jg; gq;Fr;Rl;b kPjhd nkhj;j tUtha; TRI on S&P Sri Lanka 20 Index 3,565.88 3,628.66 S&P Y%S ,xld 20 uq¿ m%;s,dN o¾Ylh S&P =yq;fh 20 kPjhd nkhj;j tUtha; TOTAL TURNOVER (Rs.) iuia; msßjegqu / nkhj;j Gus;T Equity 1,484,544,646 fldgia / chpikg;gq;F Closed End Funds 0 wdjD;a;dka; wruqo,a / %ba epjpaq;fs;; Top 10 Contributors to the change of ASPI Corporate Debt 0 ish¨ fldgia ñ, o¾Ylfha fjkia ùu i|yd by<u odhl;ajh oelajQ iq/l=ïm;a 10 idx.ñl Kh /jdpahh;Jiw fld;fs; midj;Jg; gq;F tpiyr;Rl;bapd; mirtpw;F gq;fspg;G toq;fpa Kjy; 10 gpizaq;fs; Government Debt 0 rdcH Kh / murJiw fld;fs; MARKET CAPITALIZATION (Rs.) fjf<|fmd< m%d.aOkSlrKh / re;ij Kjyhf;fk; As at Today Last Month YTD Change % wo Èkg mQ¾j udifha§ fjkia ùu ] ,d;W fle;j khjk; Mz;Lf;fhd mirT % 2,358,599,747,473 2,404,673,127,358 (17.28) EQUITY FUNDS fldgia/ cupikg;gq;F wruqo,a / epjpaq;fs; Value of Turnover (Rs.) 1,484,544,646 0 msßjegqfï jákdlu / Gus;tpd; ngWkjp Domestic Purchases 822,668,080 0 foaYSh ñ, § .ekSï cs;ehl;L nfhs;tdTfs; Domestic Sales 1,216,176,076 0 foaYSh úlsKqï/ cs;ehl;L -
A P V a K .. Papers Under the SLEA - USATD Publication Series.*
A P v A K .. Papers under the SLEA - USATD Publication Series.* 1. Capital Market in Sri Lanka - Current Problems and Future Prospects by W.A. 11'ijewarlena 2. A Review of Industrial Policy and Industrial Potential in Sri Lanka hy Dr Upanunda Vida napathirana. 3. Pri'atisation i Sri Lanka - Problems aneld Pros pecls by Dr S. ke/egama. An Evaluation of the Role of Non-Bank Financial Institutions in Sri Lanka bY Dr N.L. Sirisena 5. Demanl and Pricinig of Commercial Energy in Sri Lanka b Dr 1 N.S. Karunatilake. 6. Economic Issues of Pub/ic Transport in Sri Lanka b1Y K. G. D. D. Dheerasinghe. Monetary Polic) in an Open Econoyn hY Dr S.S. Colombage. , Foreinl. Trade - Experience in the Post Liherali- sation Period by R.A. Jayatissa. The SLEA -USAID publication series includes a total of 18 papers published in two Phases. This paper and 7 other papers as listed above are included in Phase I of the programme. The balance 10 papers will be published under Phas-2 I1of the programme. THE CAPITAL MARKET IN SRI LANKA: PROBLEMS & PROSPECTS W. A. Wijewardena Sri Lanka Economic Association March, 1993 61, Carmel Road, Colombo 3 This paper is one of the 18 papers, published under a special series of publications by the Sri Lanka Economic Association (SLEA) with financial assistance from the United States Agency for Interna tional Development (USAID). The objective of these pUblications is to provide economic literature on current and topical themes on the economy of Sri Lanka to a broad audience that is interested in economic issues, but has little or no background in theoretical economics, while maintaining high analytical stand ards. -
List of Acronyms
List of Acronyms AAC Advisory Audit Committee BI Business Intelligence AASL Airport and Aviation Services (Sri Lanka) Limited BIA Bandaranaike International Airport ACU Asian Clearing Union BIMSTEC Bay of Bengal Initiative for Multi-Sectoral AD Authorised Dealer Technical and Economic Cooperation ADB Asian Development Bank BIMV Budget Implementation and Monitoring Unit AFD Agency For Development BIS Bank for International Settlements AFIT Agency For International Trade BLS Bureau of Labour Statistics AI Artificial Intelligence BMARI Bandaranaike Memorial Ayurveda Research AIID Asian Infrastructure Investment Bank Institute ALMA Active Liability Management Act BMI Body Mass Index AMC Authorised Money Changers BOC Bank of Ceylon AMCCs Authorised Money Changing Companies BOI Board of Investment AML Anti-Money Laundering BOOT Build, Own, Operate and Transfer AMLO Anti-Money Laundering Office BOP Balance of Payments AMP Agriculture Sector Modernisation Project BOS Business Outlook Survey ANRPC Association of Natural Rubber Producing bpd barrels per day Countries BPM Business Process Management AOD Academy of Design BPM6 Balance of Payments Manual Sixth Edition APG Asia Pacific Group on Money Laundering BPO Business Process Outsourcing API Agriculture Production Index BRIC Brazil, Russia, India and China APIs Application Programming Interfaces BRIC Budget Review and Implementation Committee APPFs Approved Pension and Provident Funds BRT Bus Rapid Transit APREA Asia Pacific Real Estate Association BSI Business Sentiment Indices APTA Asia-Pacific -
View Full Paper
International Journal of Scientific and Research Publications, Volume 7, Issue 12, December 2017 883 ISSN 2250-3153 The Long-Run Relationship between Stock Market and Macroeconomic Behavior in Postwar Economy of Sri Lanka DHD Nadeesha * Institute of Human Resource Advancement, University of Colombo Abstract- The study investigates the dynamic relations between macroeconomics behaviour and all share price index (ASPI) performance in post war economy of Sri Lanka for the period 2009-2016, using monthly series of the corresponding variables. The study considers Average Weighted Prime Lending Rate (AWPR) and Average Weighted Deposit Rate (AWDR), money supply as measure for country’s interest rates which supervise the behaviour of money market, Colombo Consumer price index as measure of inflation and exchange rates as the measure of external sector in economy of Sri Lanka. The objective was achieved by identifying the influence of macroeconomic variables on ASPI by using the statistical techniques of unit root test in order to fulfill the objective of stationary for all the macroeconomic variables and ASPI. The Johansen co-integration test was used to investigate whether the variables are co-integrated of the same order taking into account the trace statistics and the maximum Eigen-value tests. The variables were found to be co-integrated with at least one co-integrating vector. Finally, Vector Error Correction Model (VECM) was developed to forecast the long term behaviour. The results reveal that the change in average prime Deposit rate(AWDR), inflation rate (INF), exchange rate of Britain Pounds (GBP) and Japanese Yen (JPY), Special Drawing Right (SDR) affect All Share Price Index(ASPI) while money supply and average prime lending rate (AWPR) does not influence on ASPI. -
Market Update and Fund Review
ASSET PRIVATE MY WEALTH MANAGEMENT WEALTH MANAGEMENT MANAGEMENT MARKET UPDATE AND FUND REVIEW 2019 JUNE Click here for download MARKET BRIEF BY NDB WEALTH Inflation as measured by the CCPI decreased to 3.8% in June 2019 from 5.0% in May 2019, on a year on INFLATION RATE DECLINES year basis. Lower food inflation is the main catalyst driving the overall inflation lower. However, core inflation remained relatively high at 5.8% as at June 2019 (6.2% in May 2019). We expect inflation to be around 4% - 6% in 2019. Sri Lankan Rupee dips marginally for the month of June. The Sri Lankan rupee depreciated by a mere SRI LANKAN RUPEE 0.23% against the US Dollar during the quarter. It also depreciated against the Euro, Japanese Yen and DIPS MARGINALLY the Indian Rupee by 1.44%, 3.09% and 0.39% respectively during the period, while it appreciated by 2.90% against the Sterling Pound. The Central Bank concluded the second issuance of International Sovereign Bond in 2019 in June 2019. The Central Bank continued to be a net buyer of US Dollars in the second quarter of 2019, as total net purchases of US Dollars exceeded USD 138 million for the first five months of 2019. The benchmark 364-day Treasury bill rate decreased sharply by 170 basis points during the second BENCHMARK quarter to 8.70% as at June 2019. The issuance of the second sovereign bond, low credit demand, INTEREST RATE DECLINES improved liquidity in the market and lower global interest rates have been the key factors for the sharp decrease in interest rates. -
Economic and Social Statistics
2019 ii Central Bank of Sri Lanka Statistics Department Tel. : 2477579 Fax : 2477728 E-mail : [email protected] Web site : http://www.cbsl.gov.lk Volume XLI ISSN 1391 - 3611 ISBN 978 - 955 - 575 - 381 - 4 July 2019 Price : Rs. 300/- Printed at Central Bank Printing Press, 58, Sri Jayewardenepura Mawatha, Rajagiriya, Sri Lanka. Published by Statistics Department Central Bank of Sri Lanka, 30, Janadhipathi Mawatha, Colombo 01, Sri Lanka. iii CONTENTS 1 KEY SOCIO-ECONOMIC INDICATORS 4 NATIONAL ACCOUNTS Sri Lanka – Country Profile 1 4.1 Summary of National Accounts 27 1.1 Real Sector 2 4.2 GDP, GNI and Deflators (Factor Cost Prices) 1.2 Agriculture and Industry 3 1970 – 2018 28 1.3 Price and Wages 4 4.3 Gross Domestic Product at Constant Prices 1970 – 2018 29 1.4 Infrastructure 4 4.4 Gross Domestic Product at Current Prices 1.5 External Sector 5 1970 – 2018 30 1.6 Money and Interest Rates 6 4.5 Gross National Income by Industrial Origin 1.7 Money and Capital Markets 7 at Constant (2010) Prices 31 1.8 Government Finance 8 4.6 Gross National Income by Industrial Origin 1.9 Financial Institutions 8 at Current Market Prices 32 Selected Socio-Economic Indicators 4.7 Composition of Gross Domestic Product – Graphical Illustrations 9 at Current Market Prices 33 4.8 Investment and Savings 2 CLIMATE (Current Market Prices) 34 4.9 Quarterly Estimates of GDP 2.1 Mean Temperature 11 [at (2010) Constant Prices] 34 2.2 Rainfall and Rainy Days 4.10 Aggregate Demand 35 – Hydro-Catchment Areas 11 4.11 Provincial Gross Domestic Product 2.3 Rainfall and Rainy Days