The Sri Lanka Purchasing Managers’ Index for Construction (PMI – Construction), as reflected by the Total Activity Index, recorded a value of 70.3 in February 2026. This indicates continued expansion in construction activities, albeit at a slower pace compared to the significantly higher level observed in the previous month. Most firms reported favourable industry conditions in February, underpinned by steady inflows of construction projects and favourable weather.
The New Orders Index continued to expand during the month, with many respondents reporting increased availability of a broader range of construction projects. The Employment Index expanded at a higher rate, reflecting ongoing hiring in anticipation of increased project availability. The Quantity of Purchases Index also expanded, in line with higher construction activities. Meanwhile, the Suppliers’ Delivery Time Index lengthened further during the month, reflecting continued construction demand and import-related delays associated with the Chinese New Year.
The outlook for construction activities remains positive, driven by expectations of continued project availability. However, downside risks persist, as firms remain cautious about rising input costs and potential supply constraints arising from the conflict in the Middle East.
