The Manufacturing PMI in Sri Lanka jumped to 67.0 in March of 2021, from 59.4 in February, signaling the fastest expansion in factory activity since June of 2020, when it reached an over 5-year high of 67.3. New orders (73.9 from 60.6 in February) and production (72.9 from 61.7) advanced at a faster pace, bolstered by the food & beverages sector and the textile & wearing apparel industry ahead of the Sinhalese New Year festival. Improvements were also seen in stock of purchases (72.3 from 58.3) and employment (56.4 from 52.2), while suppliers’ delivery time lengthened at a slower pace (53.7 from 63.9). source: Central Bank of Sri Lanka

Manufacturing PMI in Sri Lanka averaged 55.14 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 April of 2021.

Manufacturing PMI in Sri Lanka is expected to be 57.00 points 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 55.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
67.00 59.40 67.30 24.20 2015 - 2021 points Monthly


News Stream
Sri Lanka Manufacturing PMI at 9-Month High
The Manufacturing PMI in Sri Lanka jumped to 67.0 in March of 2021, from 59.4 in February, signaling the fastest expansion in factory activity since June of 2020, when it reached an over 5-year high of 67.3. New orders (73.9 from 60.6 in February) and production (72.9 from 61.7) advanced at a faster pace, bolstered by the food & beverages sector and the textile & wearing apparel industry ahead of the Sinhalese New Year festival. Improvements were also seen in stock of purchases (72.3 from 58.3) and employment (56.4 from 52.2), while suppliers’ delivery time lengthened at a slower pace (53.7 from 63.9).
2021-04-15
Sri Lanka Factory Activity Growth Slows Down
The Manufacturing PMI in Sri Lanka decreased to 59.4 in February 2021, from 60.2 in January, signaling a slowdown in factory activity growth. New orders advanced at a softer pace (60.6 from 60.9 in January), in line with stock of purchases (58.3 from 59.8) as a result of a pile up in goods before the Chinese New Year holidays. In contrast, production expanded at a faster pace (61.7 from 57.1), along with employment (52.2 from 51.6), both supported by the foods and beverages industry, ahead of the Sinhalese New Year festival, while suppliers’ delivery time lengthened at a slower pace (63.9 from 76.1).
2021-03-15
Sri Lanka Manufacturing PMI Edges Down in January
The Manufacturing PMI in Sri Lanka decreased to 60.2 in January 2021, from 61.2 in December, signaling a slowdown in factory activity growth. New orders (60.9 from 63.5 in December) and production (57.1 from 60.1) expanded at a slower pace but still were supported by the manufacture of foods and beverages following festival season. Meanwhile, the anticipation of supply chain disruptions ahead of the Chinese New Year holidays contributed to hikes in stock of purchases (59.8 from 55.6) while suppliers’ delivery time suffered from delays at the Port of Colombo (76.1 from 75.3). Finally, employment continued to expand (55.6 from 55.1).
2021-02-15
Sri Lanka Manufacturing PMI at 5-Month High
Manufacturing PMI in Sri Lanka increased to 61.2 in December 2020, rising 3.6 index points from November, a new high since July, benefiting from normalizing economic activity. The significant improvement in production (60.1 from 52.2) stemmed mainly from manufacture of foods and beverages and had a strong influence on the overall index. Accumulation of stock anticipating supply chain disruptions ahead of the Chinese New Year holidays contributed to hikes in new orders (63.5 from 61.8) and stock of purchases (55.6 from 47.2), the latter reversing from a downward trend. Employment also rebounded from 48.9 to 55.1, whilst suppliers’ delivery time suffered from delays at the Port of Colombo, falling to 75.3, from 77 last month.
2021-01-18

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.