The Manufacturing PMI in Sri Lanka fell to 53.6 in February of 2020 from 54.0 in the previous month, signalling the weakest pace of expansion in the manufacturing sector since May. There were declines in new orders (51.1 vs 54.5 in January) and employment (47.3.0 vs 57.7) while suppliers’ delivery time lengthened further (66.1 vs 61.5) due to in shipments in response to COVID-19 outbreak. On the other hand, production expanded faster (54.8 vs 54.0).

Manufacturing Pmi in Sri Lanka averaged 55.45 points from 2015 until 2020, reaching an all time high of 67.30 points in May of 2015 and a record low of 41 points in April of 2019. 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 March of 2020. source: Central Bank of Sri Lanka

Manufacturing Pmi in Sri Lanka is expected to be 51.50 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 51.90 in 12 months time. In the long-term, the Sri Lanka Manufacturing PMI is projected to trend around 55.90 points in 2021 and 58.90 points in 2022, according to our econometric models.

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Sri Lanka Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
53.60 54.00 67.30 41.00 2015 - 2020 points Monthly


News Stream
Sri Lanka Manufacturing Growth Eases to 9-Month Low
The Manufacturing PMI in Sri Lanka fell to 53.6 in February of 2020 from 54.0 in the previous month, signalling the weakest pace of expansion in the manufacturing sector since May. There were declines in new orders (51.1 vs 54.5 in January) and employment (47.3.0 vs 57.7) while suppliers’ delivery time lengthened further (66.1 vs 61.5) due to in shipments in response to COVID-19 outbreak. On the other hand, production expanded faster (54.8 vs 54.0).
2020-03-19
Sri Lanka Factory Activity Growth at 7-Month Low
Sri Lanka's Manufacturing PMI fell to 54.0 in January 2020 from 54.3 in the previous month. The latest reading pointed to the weakest expansion in factory activity since June of 2019, as new orders (54.5 from 56.5 in December) and output (54.0 from 56.0) advanced at a softer pace while employment contracted (49.5 from 51). In addition, supplier’s delivery time increased sharply (61.5 from 50.0) mainly due to the new coronavirus outbreak in China.
2020-02-14
Sri Lanka Manufacturing Growth Eases to 6-Month Low
The Manufacturing PMI in Sri Lanka fell to 54.3 in December of 2019 from 56.0 in the previous month, signalling the weakest pace of expansion in the manufacturing sector since June. There were declines in output (56.0 vs 57.1 in November); new orders (56.5 vs 57.1) and employment (51.0 vs 57.7) while the stock of purchases expanded faster (56.5 vs 55.6) due to intended accumulation of stocks in December 2019.
2020-01-20
Sri Lanka Factory Activity Grows at Softer Pace
Sri Lanka's Manufacturing PMI fell to 56 in November of 2019 from 57.6 in the previous month. Output (57.1 vs 60.2 in October) and new orders (57.1 vs 59.7) expanded at slower pace while the stock of purchases advanced (55.6 vs 54.1). Also, the job creation rate decreased (57.7 vs 58.2).
2019-12-23

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.