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.

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Sri Lanka Manufacturing PMI


News Stream
Sri Lanka Manufacturing PMI Rebounds in September
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.
2021-10-15
Sri Lanka Manufacturing Sector Shrinks for 1st Time in 3 Months
The Manufacturing PMI in Sri Lanka plunged to 45.1 in August of 2021 from 57.8 in July, pointing to the first contraction in the sector since May, amid the resurgence of the spread of the coronavirus. Deterioration were mostly seen in both new orders (42.6 from 61.5 in July) and production (37.8 from 54.0), with a significant contribution from food & beverages, furniture, and textiles & wearing apparel sectors. At the same time, decreases also were recorded by contraction in stock of purchases (43.1 from 51.0), and employment (44.1 from 52.0). Meanwhile, the suppliers’ delivery time, which lengthened at a softer pace (64.9 from 69.0). Looking ahead, manufacturers’ expectations remained above the neutral threshold, amid the uncertainty over the rapid spread of the COVID-19 virus would continuously hinder the prospects of the manufacturing sector.
2021-09-16
Sri Lanka Manufacturing PMI Highest in 4 Months
The Manufacturing PMI in Sri Lanka increased to 57.8 in July of 2021 from 50.4 in June, pointing to the strongest growth in the sector since March. Improvements were mostly seen in new orders (61.5 from 52.1 in June), with a significant contribution from the textile & wearing apparel and foods & beverage sector. At the same time, gains also were recorded by expansion in production (54 from 43.2), stock of purchases (51.0 from 45.3), and employment (52.0 from 45.8). Meanwhile, the suppliers’ delivery time, which lengthened at a slightly faster pace (69 from 68.9). Looking ahead, manufacturers’ expectations deteriorated significantly, but remaining above the neutral threshold, amid the uncertainty over the rapid spread of the COVID-19 virus would hamper the manufacturing activities in the country.
2021-08-17
Sri Lanka Factory Activity Recovers in June
The Manufacturing PMI in Sri Lanka rose to 50.4 in June of 2021 rebounding from a seven-month low of 42.1 in May, showing signs of a slight recovery in factory conditions since the latest pandemic wave that peaked in late May. Improvements were mostly seen in new orders (52.1 from 42.4 in May), with a significant contribution from the foods & beverage sector, and in the suppliers’ delivery time, which lengthened at a slower pace (68.9 from 73.8) amid easing movement restrictions domestically. Meanwhile, gains were limited by another contraction in production (43.2 from 27.9), stock of purchases (45.3 from 36.0), and employment (45.8 from 38.4). Looking ahead, manufacturers’ expectations were markedly more optimistic, lifted by the rapid rollout of COVID-19 vaccines and further easing of restrictions.
2021-07-15

Sri Lanka Last Unit Reference Previous Highest Lowest
Industrial Production 5.10 percent Jun/21 17.60 87.90 -48.70
Capacity Utilization 67.00 percent Dec/20 81.00 82.00 67.00
Changes in Inventories -64200.50 LKR Million Dec/20 -7711.60 1217425.70 -64200.50
Car Registrations 191.00 Jun/21 192.00 15017.00 191.00
Services PMI 52.20 points Sep/21 46.20 66.80 29.80
Manufacturing PMI 54.30 points Sep/21 45.10 67.30 24.20
Business Confidence 68.00 points Jun/21 88.00 136.00 20.00


Sri Lanka Manufacturing PMI
The Sri Lanka Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 150 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders, Output, Employment, Suppliers’ Delivery Times and Stock of Items Purchased, with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.