The Services PMI in Sri Lanka dropped to a three-month low of 53.0 in February 2019 from 55.8 in the previous month, as all sub-indices fell: new business (55.3 vs 57.7); business activity (54.7 vs 56.7); employment (51.1 vs 57.4); backlogs of work (43.3 vs 42.9); and expectations for activity (60.5 vs 64.4). Services Pmi in Sri Lanka averaged 58.09 from 2015 until 2019, reaching an all time high of 66.80 in May of 2015 and a record low of 52.60 in November of 2018.

Services Pmi in Sri Lanka is expected to be 52.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services Pmi in Sri Lanka to stand at 57.10 in 12 months time. In the long-term, the Sri Lanka Services PMI is projected to trend around 56.90 in 2020, according to our econometric models.

Sri Lanka Services PMI
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Sri Lanka Business Last Previous Highest Lowest Unit
Industrial Production 0.40 1.10 35.20 -11.40 percent [+]
Capacity Utilization 81.00 78.00 82.00 69.00 percent [+]
Changes in Inventories 1217425.70 373245.00 1217425.70 373245.00 LKR Million [+]
Car Registrations 5018.00 7935.00 15017.00 308.00 [+]
Internet Speed 8527.30 7307.31 8527.30 374.62 KBps [+]
IP Addresses 85420.00 107335.00 246049.00 31627.00 IP [+]
Services Pmi 53.00 55.80 66.80 52.60 [+]
Business Confidence 66.00 78.00 136.00 66.00 Index Points [+]
Corruption Index 38.00 38.00 40.00 31.00 Points [+]
Corruption Rank 89.00 91.00 97.00 52.00 [+]
Competitiveness Index 56.00 56.38 56.38 3.84 Points [+]
Competitiveness Rank 85.00 81.00 85.00 52.00 [+]
Ease of Doing Business 100.00 111.00 113.00 83.00 [+]
Manufacturing Pmi 50.60 54.40 67.30 41.60 [+]
Manufacturing Production 0.40 1.10 7.80 -3.00 percent [+]


Sri Lanka Services PMI

The Services Sri Lanka PMI (Purchasing Managers' Index) is based on data collected from a representative panel of 140 companies based in the Sri Lanka's service sector. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides - Sri Lanka Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Services PMI - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.00 55.80 66.80 52.60 2015 - 2019 Monthly




Country Last Previous
Australia 44.50 Feb/19
Brazil 52.20 Feb/19
China 51.10 Feb/19
Euro Area 52.70 Mar/19
France 48.70 Mar/19
Germany 54.90 Mar/19
India 52.50 Feb/19
Italy 50.40 Feb/19
Japan 52.30 Feb/19
Russia 55.30 Feb/19
Spain 54.50 Feb/19
United Kingdom 51.30 Feb/19
United States 54.80 Mar/19


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