The Manufacturing PMI in Sri Lanka bounced back to an expansive 54.3 in September of 2021 from 45.1 in August. Significant improvements were seen in employment (53.5 vs 44.1 in August) and new orders (55.5 vs 42.6), particularly in the manufacture of textile and wearing apparel, and food and beverages sectors. Meantime, both production (49 vs 37.8) and stock of purchases (49 vs 43.1) remained closer to the neutral level amid lower availability of raw materials and rising global commodity prices. Also, the supplier’s delivery time lengthened slightly (65 vs 64.9). Looking forward to the next three months, manufacturer’s expectations remained at elevated levels in anticipation of further improvements in economic condition locally and globally. source: Central Bank of Sri Lanka
Manufacturing PMI in Sri Lanka averaged 54.66 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 October of 2021.
Manufacturing PMI in Sri Lanka is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Manufacturing PMI is projected to trend around 55.00 points in 2022, according to our econometric models.