The Manufacturing PMI in Sri Lanka rose to 50.4 in June of 2021 rebounding from a seven-month low of 42.1 in May, showing signs of a slight recovery in factory conditions since the latest pandemic wave that peaked in late May. Improvements were mostly seen in new orders (52.1 from 42.4 in May), with a significant contribution from the foods & beverage sector, and in the suppliers’ delivery time, which lengthened at a slower pace (68.9 from 73.8) amid easing movement restrictions domestically. Meanwhile, gains were limited by another contraction in production (43.2 from 27.9), stock of purchases (45.3 from 36.0), and employment (45.8 from 38.4). Looking ahead, manufacturers’ expectations were markedly more optimistic, lifted by the rapid rollout of COVID-19 vaccines and further easing of restrictions. source: Central Bank of Sri Lanka

Manufacturing PMI in Sri Lanka averaged 54.76 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 August of 2021.

Manufacturing PMI in Sri Lanka is expected to be 60.00 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 56.00 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.

Ok
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.

Please Paste this Code in your Website
width
height
Sri Lanka Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.40 42.10 67.30 24.20 2015 - 2021 points Monthly


News Stream
Sri Lanka Factory Activity Recovers in June
The Manufacturing PMI in Sri Lanka rose to 50.4 in June of 2021 rebounding from a seven-month low of 42.1 in May, showing signs of a slight recovery in factory conditions since the latest pandemic wave that peaked in late May. Improvements were mostly seen in new orders (52.1 from 42.4 in May), with a significant contribution from the foods & beverage sector, and in the suppliers’ delivery time, which lengthened at a slower pace (68.9 from 73.8) amid easing movement restrictions domestically. Meanwhile, gains were limited by another contraction in production (43.2 from 27.9), stock of purchases (45.3 from 36.0), and employment (45.8 from 38.4). Looking ahead, manufacturers’ expectations were markedly more optimistic, lifted by the rapid rollout of COVID-19 vaccines and further easing of restrictions.
2021-07-15
Sri Lanka Manufacturing Output Shrinks the Most in 7 Months
The Manufacturing PMI in Sri Lanka dropped to 42.1 in May of 2021 from 44.3 in the prior month, pointing to the steepest contraction in factory activity since October of 2020, amid the third wave COVID-19 infections. New orders (42.4 from 44.3 in April) and production (27.9 from 33.0) were both weighed down by the foods & beverages sector and the textile & wearing apparel industry, due to a seasonal demand ended and the resurgence of the pandemic. As a result, stock of purchases contracted more (36.0 from 40.9). Also, imposing the mobility restrictions in mid-May that caused falls in employment (38.4 from 44.9). Meanwhile, the suppliers’ delivery time lengthened at a higher rate (73.8 from 64.8) mainly due to delays in receiving imported and local supplies. Looking ahead, expectations for factory activity strengthened amid hopes the rollout of COVID-19 vaccines accelerate.
2021-06-16
Sri Lanka Factory Activity at 6-Month Low
The Manufacturing PMI in Sri Lanka slumped to 44.3 in April of 2021, from a 9-month high of 67.0 in the prior month, pointing to the steepest contraction in factory activity since October of 2020 amid resurging COVID-19 infections. New orders (44.3 from 73.9 in March) and production (33.0 from 72.9) were both weighed down by the foods & beverages sector and the textile & wearing apparel industry, due to a seasonal drop in demand which usually follows the Sinhalese New Year festival season. Also, the resurgence of coronavirus infections and increased uncertainty were among the factors that caused drops in employment (44.9 from 56.4) and stock of purchases (40.9 from 72.3). Finally, manufacturers said suppliers’ delivery time lengthened at a higher rate (64.8 from 53.7) mainly due to delays in imported and local orders. Looking ahead, expectations for factory activity worsened significantly from the previous month.
2021-05-18
Sri Lanka Manufacturing PMI at 9-Month High
The Manufacturing PMI in Sri Lanka jumped to 67.0 in March of 2021, from 59.4 in February, signaling the fastest expansion in factory activity since June of 2020, when it reached an over 5-year high of 67.3. New orders (73.9 from 60.6 in February) and production (72.9 from 61.7) advanced at a faster pace, bolstered by the food & beverages sector and the textile & wearing apparel industry ahead of the Sinhalese New Year festival. Improvements were also seen in stock of purchases (72.3 from 58.3) and employment (56.4 from 52.2), while suppliers’ delivery time lengthened at a slower pace (53.7 from 63.9).
2021-04-15

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.