📈 Sri Lanka Construction PMI Expands to 60.0 in June 2026

The Central Bank of Sri Lanka (CBSL) reported an expansion in the construction sector, with the Total Activity Index increasing to 60.0 in June 2026 from 59.1 in May, primarily driven by the execution of ongoing projects. • Key Performance Metrics: • Total Activity Index: Rose to 60.0 (vs. 59.1 in May). • Employment Index: Grew to 61.4 (vs. 56.1 in May) as firms ramped up recruitment, though a shortage of skilled labor persists. • Quantity of Purchases: Increased to 60.0 (vs. 59.1 in May) driven by rising project demands. • Industry Challenges: • Shortages of essential raw materials, particularly bitumen, constrained the overall pace of work. • Suppliers’ Delivery Time Index remained elevated due to continued supply chain disruptions. • Sector Outlook: • Business sentiment among construction firms remains positive for the upcoming quarter, supported by a healthy project pipeline, though input bottlenecks pose an ongoing risk.