The Manufacturing PMI in Sri Lanka jumped to 67.0 in March of 2021, from 59.4 in February, signaling the fastest expansion in factory activity since June of 2020, when it reached an over 5-year high of 67.3. New orders (73.9 from 60.6 in February) and production (72.9 from 61.7) advanced at a faster pace, bolstered by the food & beverages sector and the textile & wearing apparel industry ahead of the Sinhalese New Year festival. Improvements were also seen in stock of purchases (72.3 from 58.3) and employment (56.4 from 52.2), while suppliers’ delivery time lengthened at a slower pace (53.7 from 63.9). source: Central Bank of Sri Lanka
Manufacturing PMI in Sri Lanka averaged 55.14 points from 2015 until 2021, reaching an all time high of 67.30 points in May of 2015 and a record low of 24.20 points in April of 2020. This page provides - Sri Lanka Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Manufacturing PMI in Sri Lanka is expected to be 65.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Sri Lanka to stand at 55.00 in 12 months time. In the long-term, the Sri Lanka Manufacturing PMI is projected to trend around 55.00 points in 2022, according to our econometric models.