HomeNewsManufacturing and Services Sectors Continue Growth Momentum in August

Manufacturing and Services Sectors Continue Growth Momentum in August

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Sri Lanka’s manufacturing sector maintained its growth trajectory in August 2025, with the Central Bank’s Purchasing Managers’ Index (PMI – Manufacturing) rising to 55.2.

According to the Central Bank of Sri Lanka (CBSL), most sub-indices recorded month-on-month growth, contributing to the overall expansion of the PMI. The rise in new orders and production was largely driven by activity in the food and beverage manufacturing sector.

The employment sub-index also remained in positive territory, signalling favourable hiring conditions during the month.

Meanwhile, the Services PMI showed strong performance, with the Business Activity Index climbing to 68.9 in August. Growth in new businesses was led by wholesale and retail trade, as well as financial services.

The CBSL noted that business activity expectations for the next three months remain optimistic, supported by improving macroeconomic conditions and seasonal factors such as increased tourist arrivals.

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