Sri Lanka's Manufacturing PMI rose to 56.6 in August 2019 from 55.7 in the previous month, boosted by an increase in production (60.5 vs 57.5) and new orders (61.0 vs 59.0), especially in manufacturing of food & beverages and textiles & wearing apparel sectors to meet the upcoming festive season demand. Meanwhile, the pace of job creation eased (50.5 vs 52.0) and the stock of purchases advanced at a slower rate (55.0 vs 57.0). Suppliers' delivery time lengthened at a slightly higher rate (50.5 vs 50.0), especially from local suppliers. Manufacturing Pmi in Sri Lanka averaged 55.50 from 2015 until 2019, reaching an all time high of 67.30 in May of 2015 and a record low of 41 in April of 2019.

Manufacturing Pmi in Sri Lanka is expected to be 53.80 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Sri Lanka to stand at 54.00 in 12 months time. In the long-term, the Sri Lanka Manufacturing PMI is projected to trend around 58.90 in 2020, according to our econometric models.

Sri Lanka Manufacturing PMI
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Sri Lanka Business Last Previous Highest Lowest Unit
Industrial Production 2.10 2.20 35.20 -11.40 percent [+]
Capacity Utilization 81.00 81.00 82.00 69.00 percent [+]
Changes in Inventories 313742.80 1217425.70 1217425.70 313742.80 LKR Million [+]
Car Registrations 2045.00 2281.00 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 52.90 57.10 66.80 44.70 [+]
Business Confidence 74.00 61.00 136.00 61.00 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 56.60 55.70 67.30 41.00 [+]
Manufacturing Production 2.20 0.40 7.80 -3.00 percent [+]


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. This page provides - Sri Lanka Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
56.60 55.70 67.30 41.00 2015 - 2019 Monthly




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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