Sri Lanka business the financial services continue to improve in March 2025
- CNL Reporter
- April 18, 2025
- Business News
- Sri Lanka business
- 0 Comments
Sri Lanka business activities in the financial services continued to improve in March 2025 supported by increased lending activities according to a Purchasing Managers Index compiled by the central bank.
The PMI services recorded an index value of 69.8 in March, after recording 56.5 in February, indicating an expansion in services activities.Business activities related to wholesale and retail trade showed a notable expansion driven by the festive demand.
“Business activities in the financial services also continued to improve attributable to increased lending activities,” the central bank said.Professional services, other personal services, accommodation, food and beverage, and insurance related business activities also indicated improvements during the month.
New Businesses increased in March 2025, (up at 68.3 from 58.5 in February) primarily due to the expansions observed in the financial services, wholesale and retail trade, other personal services, insurance, and accommodation, food and beverage related activities.
