Sri Lanka Services Expand at Slower Rate in May Pushed by Increased Lending: PMI

Sri Lanka services expand at slower rate in May pushed by increased lending: PMI

ECONOMYNEXT – Sri Lanka’s services sector expanded at a slower rate in May 2025, with a Purchasing Managers Index compiled by the central bank registering 57.0, from 60.6 in April. “Business activities related to financial services continued to improve, underpinned by increased lending activity,” the central bank said. “However, business activities in the accommodation, food and beverage services declined during the month in line with the declin…

SL Purchasing Managers’ Index (PMI) – May 2025 | Central Bank of Sri Lanka

Purchasing Managers’ Indices indicate improvements in both Manufacturing and Services activities in May 2025. Sri Lanka Purchasing Managers’ Index for Manufacturing  (PMI – Manufacturing) recorded an index value of 55.5 in May 2025, indicating an expansion in manufacturing activities. All sub-indices rebounded above the neutral threshold during the month, indicating a recovery from the seasonal slowdown recorded in April 2025. FULL TEXT Publishe…