Sri Lanka Purchasing Managers’ Index - August 2020

Purchasing Managers' Indices for both Manufacturing and Services activities expanded in August 2020.

Recovery of manufacturing activities continued in August 2020 as reflected by PMI, benefitting from the normalisation of business activities in the country. Both New Orders and Production sub-indices remained at expansionary levels in August 2020 while a noticeable development was observed in Employment sub-index.

Services sector continued to expand for the third consecutive month with PMI reaching 56.0 in August 2020. This was underpinned by the expansions observed in New Businesses, Business Activities and Expectations for Activity compared to July 2020 indicating the gradual recovery of services sector activities to the pre-pandemic levels.


Published Date: 

Wednesday, September 16, 2020