Sri Lanka Services PMI  2015-2018 | Data | Chart | Calendar | Forecast

The Services Sector PMI in Sri Lanka fell to 53.2 in April 2018 from 58 in the previous month. The reading pointed to the weakest pace of expansion in the services sector, partially due to a higher number of holidays in April. There was a slowdown in new business and business activities, mainly in real estate, telecommunication, accommodation, food and beverages’ sectors. Meanwhile, backlogs of work declined, as well as employment, due to delays in filling open positions. Also, prices charged increased amid higher demand during the festival season, depreciation of the Sri Lankan rupee, expectations for a pricing formula for fuel and recent revisions to the tax structure. Nevertheless, the optimism on the three-month business outlook remained strong. The expected labour cost went up at a slower pace, as salary increments were already realized in April. Services Pmi in Sri Lanka averaged 58.81 from 2015 until 2018, reaching an all time high of 66.80 in May of 2015 and a record low of 53.20 in April of 2018.

Sri Lanka Services PMI
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Sri Lanka Business Last Previous Highest Lowest Unit
Industrial Production 10.30 3.90 35.20 -11.40 percent [+]
Capacity Utilization 78.00 81.00 82.00 69.00 percent [+]
Changes in Inventories 1217425.70 373245.00 1217425.70 373245.00 LKR Million [+]
Car Registrations 2439.00 2897.00 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 53.20 58.00 66.80 53.20 [+]
Business Confidence 97.00 95.00 136.00 85.00 Index Points [+]
Corruption Index 38.00 36.00 40.00 31.00 Points [+]
Corruption Rank 91.00 95.00 97.00 52.00 [+]
Competitiveness Index 4.08 4.19 4.32 3.84 Points [+]
Competitiveness Rank 85.00 71.00 85.00 52.00 [+]
Ease of Doing Business 111.00 110.00 113.00 83.00 [+]
Manufacturing Pmi 45.50 65.60 67.30 41.60 [+]
Manufacturing Production 0.10 0.50 6.00 -11.40 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.20 58.00 66.80 53.20 2015 - 2018 Monthly




services pmi by Country
Country Last
Australia 55.20 Apr/18
Brazil 50.00 Apr/18
China 52.90 Apr/18
Euro Area 53.90 May/18
France 54.30 May/18
Germany 52.10 May/18
India 51.40 Apr/18
Italy 52.60 Apr/18
Japan 52.50 Apr/18
Russia 55.50 Apr/18
Spain 55.60 Apr/18
United Kingdom 52.80 Apr/18
United States 55.70 May/18


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