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Sri Lanka’s Manufacturing and Services Sectors Show Strong Expansion in October 2025

Sri Lanka’s economy recorded robust growth in October 2025, with both the manufacturing and services sectors expanding, according to the latest Purchasing Managers’ Index (PMI) released by the Central Bank of Sri Lanka.

The Manufacturing PMI rose to 61.0, supported by broad-based improvements across all sub-indices. The Central Bank noted that business sentiment remains upbeat, with manufacturers expecting continued growth over the next three months, boosted by demand ahead of the festive season.

The Services PMI also strengthened, reaching 66.0, signalling a notable expansion from the previous month. Increased activity in wholesale and retail trade, along with improved performance in financial services, contributed to the rise. Employment levels continued to grow as well, though at a slightly slower pace, with firms adjusting recruitment to match operational requirements.

Overall, the October data reflects continued momentum in Sri Lanka’s economic recovery across key sectors.

Reporter

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