According to the Director General of DCS, Dr. A.J Satharasinghe from January, 2017 the IIP is released monthly with a time lag of 42 days considering 2015 as the base year.
He stated that the IIP; the volume of industrial production has increased by 0.7% in January, 2017 compared to the same month in 2016.
Manufacturing industries; other non-metallic mineral product (24.7%), Electrical equipment (12.2%) and Basic Metals (9.1%) showed remarkable increase in productions during the month of January, 2017 compared to that of January, 2016. The increase in volume of production of Non-metallic mineral product industry could be attributed to the growth of construction industry in the reason past. The volume of food products has increased by 1.6 % in January.The industries; Coke and refined petroleum products (44.2%), Chemical and Chemical product (23.2%), and Paper and Paper product (5.0%), reported decrease in the volume of production in the month of January compared to the monthly production of these industries in January 2016.