Sri Lanka Manufacturing PMI

The Sri Lanka Manufacturing PMI rose 3.2 points to 53.9 in June 2019 from the previous month's 50.7, mainly attributable to the significant recovery in employment (55.5 vs 45.0), especially in manufacturing of food & beverages and textiles & wearing apparels sectors. Overall gains were also seen in new orders (53.0 vs 52.0), production (56.5 vs 55.0), and stocks of purchases (51.5 vs 44.5). Manufacturing Pmi in Sri Lanka averaged 55.48 from 2015 until 2019, reaching an all time high of 67.30 in May of 2015 and a record low of 41 in April of 2019.

Manufacturing Pmi in Sri Lanka is expected to be 53.80 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 54.00 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.

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Sri Lanka Business	Last	Previous	Highest	Lowest	Unit
Industrial Production	5.70	0.60	35.20	-11.40	percent	[+]
Capacity Utilization	81.00	81.00	82.00	69.00	percent	[+]
Changes in Inventories	313742.80	1217425.70	1217425.70	313742.80	LKR Million	[+]
Car Registrations	3127.00	4294.00	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	53.10	44.70	66.80	44.70		[+]
Business Confidence	74.00	61.00	136.00	61.00	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	53.90	50.70	67.30	41.00		[+]
Manufacturing Production	-0.80	5.60	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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	53.90	50.70	67.30	41.00	2015 - 2019		Monthly

Country	Last		Previous	Range
Australia	49.43	Jun/19	52.72	62.5 : 29.47
Brazil	51.00	Jun/19	50.2	53.5 : 41.6
Canada	49.20	Jun/19	49.1	57.1 : 47.5
China	49.40	Jun/19	50.2	52.3 : 47.2
Euro Area	47.60	Jun/19	47.7	60.6 : 33.5
France	51.90	Jun/19	50.6	58.8 : 42.7
Germany	45.00	Jun/19	44.3	63.3 : 32
India	52.10	Jun/19	52.7	55 : 47.9
Indonesia	50.60	Jun/19	51.6	58.5 : 46.4
Italy	48.40	Jun/19	49.7	59 : 47.4
Japan	49.30	Jun/19	49.8	56.2 : 29.6
Mexico	49.20	Jun/19	50	57.1 : 49.2
Netherlands	50.70	Jun/19	52.2	63.4 : 48
Russia	48.60	Jun/19	49.8	54.7 : 47.6
Saudi Arabia	57.40	Jun/19	57.3	61.8 : 51.4
Singapore	49.60	Jun/19	49.9	53.1 : 48.3
South Africa	46.20	Jun/19	45.4	60.87 : 35.09
South Korea	47.50	Jun/19	48.4	52.6 : 45.7
Spain	47.90	Jun/19	50.1	56.1 : 41.1
Switzerland	47.70	Jun/19	48.6	66.9 : 32.8
Turkey	47.90	Jun/19	45.3	55.7 : 42.7
United Kingdom	48.00	Jun/19	49.4	61.5 : 34.4
United States	50.60	Jun/19	50.5	57.9 : 50.5