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CCPI based headline inflation further accelerated as expected towards the target in October 2025

The Colombo Consumer Price Index (CCPI, 2021=100)  based headline inflation (year-on-year,      Y-o-Y) accelerated further in October 2025 indicating a continued convergence towards the inflation target. Accordingly, headline inflation (Y-o-Y) increased to 2.1% in October 2025 from 1.5% in September 2025, in line with the Central Bank’s near-term projections.

Sri Lanka PMI - Construction increased in September 2025

The Sri Lanka Purchasing Managers’ Index for Construction  (PMI – Construction), as reflected by the Total Activity Index, reached 67.6 in September 2025, recording the strongest increase in activity observed since late 2021. The respondents highlighted that the persistent availability of project opportunities has provided a steady underpinning for growth in the construction sector.

External Sector Performance – September 2025

Sri Lanka’s external sector recorded a monthly current account deficit in September 2025, following consecutive monthly current account surpluses registered during January-August 2025. However, cumulative current account surplus for the first nine months is estimated at USD 1.9 billion.

The merchandise trade deficit recorded a year-on-year expansion in September 2025, as import expenditure exceeded USD 2 billion, primarily driven by a surge in vehicle imports.

Appointment of New Deputy Governors of the Central Bank of Sri Lanka

In terms of the provisions in the Central Bank of Sri Lanka Act, No. 16 of 2023, Hon. Minister of Finance, as recommended by the Governing Board, has appointed Dr. C Amarasekara, Assistant Governor, and Mr. K G P Sirikumara, Assistant Governor, as Deputy Governors of the Central Bank of Sri Lanka with effect from 24.10.2025 and 03.11.2025, respectively. 

Sri Lankan Delegation Engaged in High-Level Meetings at the 2025 World Bank Group/ International Monetary Fund Annual Meetings, and Governor was Honoured with “A Grade” Award by Global Finance Magazine

The Sri Lankan delegation, led by Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), actively participated in a series of high-level bilateral and multilateral meetings during the 2025 World Bank Group/ International Monetary Fund (IMF) Annual Meetings in Washington, D.C., during October 13–18, 2025.

SL Purchasing Managers’ Index (PMI) – September 2025

Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in September 2025.

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 55.4 in September 2025, indicating an expansion in manufacturing activities. All sub-indices, except for Employment, remained above the neutral threshold during the month.

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