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Growth in Sri Lanka started to recover in 2013 from a dip in 2012. Power generation, which can constrain economic activity, picked up in May to grow by 9.2% but dropped slightly in June. Imports recorded positive growth in April and June. The deceleration in credit to the private sector shows signs of abating. Growth in gross domestic product (GDP) rebounded to 6.8% in the second quarter of 2013 from 6.0% in the previous quarter, driven by service sector recovery. Industry maintained high growth, while agriculture suffered under bad weather from late 2012.
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