Sri Lanka Manufacturing PMI

The Manufacturing PMI in Sri Lanka rose to 54.4 in January of 2019 from 53.7 in December, pointing to the strongest growth in factory activity in three months. Production rose faster (55.5 from 51.5) and employment rebounded (52.5 from 46.5), especially in manufacturing of textiles, wearing apparels, leather and related activities. A significant improvement in employment was experienced with the recruitment of new employees to fill vacancies. On the other hand, new orders slowed (54 from 57) with the end of the festive seasonal demand; stocks of purchases also eased (55.5 from 60.5); and suppliers’ delivery time lengthened (55 from 55.5) slightly due to logistical issues. Manufacturing Pmi in Sri Lanka averaged 55.79 from 2015 until 2019, reaching an all time high of 67.30 in May of 2015 and a record low of 41.60 in April of 2016.

Manufacturing Pmi in Sri Lanka is expected to be 56.20 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 57.70 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.

Historical
Forecast

1Y 5Y 10Y MAX

width

height

Preview

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Sri Lanka Business	Last	Previous	Highest	Lowest	Unit
Industrial Production	0.40	1.10	35.20	-11.40	percent	[+]
Capacity Utilization	81.00	78.00	82.00	69.00	percent	[+]
Changes in Inventories	1217425.70	373245.00	1217425.70	373245.00	LKR Million	[+]
Car Registrations	7935.00	6210.00	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	55.80	54.70	66.80	52.60		[+]
Business Confidence	66.00	78.00	136.00	66.00	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	54.40	53.70	67.30	41.60		[+]
Manufacturing Production	0.40	1.10	7.80	-3.00	percent	[+]

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 February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	54.40	53.70	67.30	41.60	2015 - 2019		Monthly

Country	Last		Previous	Range
Australia	52.50	Jan/19	50	62.5 : 29.47
Brazil	52.70	Jan/19	52.6	53.5 : 41.6
Canada	53.00	Jan/19	53.6	57.1 : 47.5
China	48.30	Jan/19	49.7	52.3 : 47.2
Euro Area	49.20	Feb/19	50.5	60.6 : 33.5
France	51.40	Feb/19	51.2	58.8 : 42.7
Germany	47.60	Feb/19	49.7	63.3 : 32
India	53.90	Jan/19	53.2	55 : 47.9
Indonesia	49.90	Jan/19	51.2	58.5 : 46.4
Italy	47.80	Jan/19	49.2	59 : 47.8
Japan	48.50	Feb/19	50.3	56.2 : 29.6
Mexico	50.90	Jan/19	49.7	57.1 : 49.2
Netherlands	55.10	Jan/19	57.2	63.4 : 48
Russia	50.90	Feb/19	51.7	54.7 : 47.6
Saudi Arabia	56.20	Jan/19	54.5	61.8 : 51.4
Singapore	50.70	Jan/19	51.1	53.1 : 48.3
South Africa	49.90	Jan/19	50.7	60.87 : 35.09
South Korea	48.30	Jan/19	49.8	52.6 : 45.7
Spain	52.40	Jan/19	51.1	56.1 : 41.1
Switzerland	54.30	Jan/19	57.5	66.9 : 32.8
Turkey	44.20	Jan/19	44.2	55.7 : 42.7
United Kingdom	52.80	Jan/19	54.2	61.5 : 34.4
United States	53.70	Feb/19	54.9	57.9 : 50.7