Purchasing Managers’ Indices indicate improvements in both Manufacturing and Services activities in May 2024.
Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 58.2 in May 2024, indicating an expansion in manufacturing activities. All sub-indices, except for employment, rose above the neutral threshold during the month, resulting in an overall increase in the index value.
Sri Lanka Purchasing Managers’ Index for Services (PMI – Services) indicated a slower expansion in services activities in May 2024 as reflected by the Business Activity Index, which recorded an index value of 55.0.
Published Date:
Tuesday, June 18, 2024