Sri Lanka manufacturing rose in March driven by ‘strong seasonal demand’: PMI

Economy robust in March

The country’s manufacturing and services sectors in March have expanded as per the Purchasing Managers’ Index (PMI), its compiler the Central Bank (CBSL) said. The Manufacturing PMI recorded an index value of 63.9 in March 2025, recording the highest value in four years. This expansion was attributable to positive contributions from all sub-indices posted month-on-month expansions, reflecting a continued expansion in manufacturing activities,

Sri Lanka manufacturing rose in March driven by ‘strong seasonal demand’: PMI

ECONOMYNEXT – Sri Lanka business activities in manufacturing expanded in March 2025, driven by the strong seasonal demand ahead of the national festival season in April, according to a Purchasing Managers Index compiled by the central bank. The Sri Lanka Purchasing Managers’ Index for Manufacturing reached 63.9 in March 2025, from 56.8 in February 2025, recording its highest value in four years. “All sub-indices posted month-on-month expansions,…

Purchasing Managers’ Indices indicate notable expansions in both Manufacturing and Services activities in March 2025 | Central Bank of Sri Lanka

Sri Lanka Purchasing Managers’ Index for Manufacturing  (PMI – Manufacturing) reached 63.9 in March 2025, recording its highest value in four years. All sub-indices posted month-on-month expansions, reflecting a notable improvement in manufacturing activities, driven by the strong seasonal demand. The sharp increases in the New Orders and Production sub-indices, particularly within the food and beverages and textile and wearing apparel manufactu…