Sri Lanka’s economy expands in July

Sri Lanka’s economy showed robust growth in July 2025, with both the Manufacturing and Services sectors recording strong expansions, according to the latest Purchasing Managers’ Index (PMI) reports.

The Manufacturing PMI rose to 62.2 in July from 51.9 in June, reflecting broad-based expansion. New orders climbed to 67.5 and production to 66.5, driven by strong activity in textiles, apparel, and food & beverage manufacturing.

Employment in the manufacturing sector rebounded to 55.0, and stocks of purchases increased to 59.5, while suppliers’ delivery times remained lengthened, signaling some supply chain pressure. Manufacturers expressed optimism for the next three months despite global uncertainties.

The Services PMI jumped to 70.1 from 61.9, with growth spread across wholesale and retail trade, financial services, transportation, telecommunications, accommodation, and health sectors.

New business activity in services rose to 64.9, employment increased to 59.8, and backlogs of work reached 51.1. Expectations for business activity over the next three months climbed to 80.7, reflecting positive sentiment across the services sector.

 

 

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