The Manufacturing PMI in Sri Lanka declined to a three-month low of 41.4 in July 2022 from 44.1 in the previous month, dragged down by decreases in all the sub-indices except supplier's delivery time, amid economic and political crisis. Production contracted at a faster pace (32.0 vs 36.2), particularly in the manufacture of food & beverage sector, due to subdued demand conditions and supply-side constraints. Also, there was a faster decline in stock of purchases (32.7 vs 34.8) and employment (45.0 vs 45.7). At the same time, delivery time lengthened mainly on account of vessel delays, and diesel shortage (62.6 vs 72.8). However, new orders continued to fall, despite at a softer pace (39.0 vs 38.3), particularly in manufacturing of food and beverage sector, amid high inflationary pressures. Looking ahead, sentiment remained in the negative territory, linked to the subdued demand conditions and further supply-side constraints. source: Central Bank of Sri Lanka
Manufacturing PMI in Sri Lanka averaged 54.53 points from 2015 until 2022, 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 August of 2022.
Manufacturing PMI in Sri Lanka is expected to be 61.00 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 65.00 points in 2023, according to our econometric models.