Bitumen shortage delays road projects as construction activity expands at slower pace in Sept.

Saturday, 31 October 2026 00:06 - - {{hitsCtrl.values.hits}}

CBSL says construction PMI eases to 57.8 from 59.4 in Aug.
New orders rise faster to 65.6 on Govt.-funded projects
Employment growth moderates amid skilled worker shortages
Outlook for next three months positive on newly awarded projects

Construction activity continued to expand in September, though at a slower pace, with a shortage of bitumen remaining a major constraint and delaying several road construction projects, the Central Bank said yesterday.

The Purchasing Managers’ Index for Construction (PMI – Construction), measured by the Total Activity Index, recorded 57.8 in September, down from 59.4 in August. A reading above 50 indicates the sector is generally expanding month-on-month. Growth was supported by a sustained flow of new construction projects.

The New Orders Index rose to 65.6 from 62.5, primarily underpinned by Government-funded projects. The Employment Index eased to 58.1 from 59.7, reflecting ongoing recruitment supported by steady project availability, although many firms continued to cite shortages of skilled workers.

The Quantity of Purchases Index rose to 62.5 from 59.4, reflecting procurement for ongoing and newly awarded projects, while Suppliers’ Delivery Times lengthened further, with the index rising to 65.6 from 59.4, reflecting sustained supply-side pressures.

Expectations for construction activity over the next three months remained positive, underpinned by newly awarded projects, despite continuing challenges with material and skilled labour availability.

The survey covers around 35 responses from the highest-graded local construction companies registered with the Construction Industry Development Authority.