Thursday Oct 16, 2025
Thursday Oct 16, 2025
Thursday, 16 October 2025 05:59 - - {{hitsCtrl.values.hits}}
The country’s manufacturing and services sectors in September have expanded, as per the Purchasing Managers’ Index (PMI), its compiler the Central Bank of Sri Lanka (CBSL) said.
The Manufacturing PMI registered an index value of 55.4 in September, indicating an expansion in manufacturing activities at a faster rate compared to 55.2 in August 2025.
The CBSL said this expansion has remained above the neutral threshold during the month from all sub-indices.
The growth in New Orders and Production were largely attributed to the manufacture of the textiles and wearing apparel sector.
Stock of Purchases also increased during the month, driven by the planned accumulation of inventory in preparation for upcoming production targeting the festive season.
The Employment sub-index turned below the neutral threshold in September, with many firms highlighting difficulties in retaining and attracting skilled workers.
However, Suppliers’ Delivery Time further lengthened during the month, as many respondents cited persistent delays in international shipping operations.
The CBSL said the outlook for manufacturing activities over the next three months remains positive, reflecting the expectations of strong year-end seasonal demand.
The Services PMI registered an index value of 58.7 in September, showing accelerated expansion in services activity following a similar trend observed in the same period last year, albeit at a slower rate compared to 68.9 in August 2025.
Business activities continued to expand in September 2025, supported by improvements observed across multiple sectors.
The expansion was driven by strong performance in wholesale and retail trade. In addition, business activities related to financial services also continued to improve, underpinned by increased lending activity.
New businesses increased in September 2025, mainly reflecting the expansions observed in wholesale and retail trade, and financial services-related activities.
The CBSL said employment continued to increase in September 2025, as several companies recruited additional staff to meet ongoing operational requirements.
However, Backlogs of Work declined slightly compared to the previous month.
Expectations for business activities over the next three months continue to improve, supported by favourable macroeconomic conditions, increased tourist arrivals, and the anticipated boost from the upcoming festive season.
