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). source: Central Bank of Sri Lanka
Manufacturing PMI in Sri Lanka averaged 54.91 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 March of 2021.
Manufacturing PMI in Sri Lanka is expected to be 59.00 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.