Services sector expands in January

Tuesday, 22 February 2022 04:06 - - {{hitsCtrl.values.hits}}

The Central Bank yesterday said that the services sector expanded in January contrary to a dip as reported by the Daily FT yesterday.

“The Services PMI indicated a continuous expansion in January 2022, though it decreased by 4.9 points to an index value of 57.5. The expansion in the services sector was underpinned by the increases observed in new businesses, business activities, employment and expectations for activity sub-indices,” CBSL said in a statement reiterating the pronouncement following the release of Purchasing Managers Index (PMI) for January. The error is regretted.

COVID-19 death toll crosses 16,000 mark

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.