The Manufacturing PMI for Sri Lanka fell to 40.3 in October of 2020 from 59.8 in September, pointing to the first contraction in factory activity in five months, due to adverse impacts of the second wave of COVID-19 pandemic in early October. Significant declines were seen in production (30.3 vs 63.3), new orders (43.3 vs 61.7), employment (25.8 vs 51.6) and stock of purchases (37.1 vs 56.9), particularly in manufacturing of wearing apparel and food & beverages. Also, expectations for the next three months declined significantly. source: Central Bank of Sri Lanka
Manufacturing Pmi in Sri Lanka averaged 54.69 points from 2015 until 2020, 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 December of 2020.
Manufacturing Pmi in Sri Lanka is expected to be 56.00 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 60.00 in 12 months time. In the long-term, the Sri Lanka Manufacturing PMI is projected to trend around 55.00 points in 2021, according to our econometric models.