Investor confidence soars - survey

The results of independent surveys conducted by Survey Research Lanka (Pvt) Ltd during November and December 2005 reveal that, despite the growing unrest in the Northern and Eastern Provinces, the mood among the investor, public, all-island, is buoyant.

In fact, comparisons with the average scores for the 8-month period April - November 2004 (UPFA Govt.) and the 12-month period April 2003 - March 2004 (UNF Govt.) indicate that at this point in time, consumers are, on an average, more optimistic about the future than they were during the times of the last two regimes.

Is this upbeat mood of the consumer 'real'? Or, does it merely reflect a sense of "exuberant optimism" unwarranted and unsupported by the prevailing socio-economic conditions in the country? The next few months will tell.

SRL Consumer Pulse is a tracking survey conducted at the end of each month which monitors consumer confidence on a continuous basis. This survey was initiated in April 1994 and has since been conducted at various periods of time - the longest being the period between December 2001 and November 2004.

The latest monthly results will be posted on our website, www.srl.lk, by the third day of the following month.

Survey Research Lanka (Pvt) Ltd, Marketing and Social Research Consultants is a leading Research Company, established in 1989, offering currently the largest portfolio of research services in the country. It is a research company with a public record of being consistently accurate with regard to public polls.