Sri Lanka Purchasing Managers’ Index - February 2020

Manufacturing PMI increased at a slower rate in February 2020 recording an index value of 53.6 mainly due to the slower expansion in New Orders and Employment, while expectations for next three months decreased significantly due to COVID-19 outbreak.

Services sector expansion slowed down in February 2020, compared to January 2020, underpinned by the slower expansion observed in New Businesses, Business Activity and Expectations for Activity due to the impact of COVID-19 outbreak.

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Published Date: 

Tuesday, March 17, 2020