Reflecting the seasonal slowdown in construction activities during the Sinhala and Tamil New Year period, Sri Lanka Purchasing Managers’ Index for Construction (PMI - Construction), as indicated by the Total Activity Index, declined to 41.4 in April 2025. However, the seasonal dip in April 2025 was less pronounced than in the corresponding month in the previous year. Survey respondents mentioned that most of their construction sites were temporarily closed for an extended period during the month due to the New Year celebrations.
Published Date:
Friday, May 30, 2025