šŸ“ˆ Sri Lanka PMI Signals Accelerated Growth in July 2026

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• Overall Expansion: Both manufacturing and services sectors expanded at a faster pace in July 2026, driven by higher demand and strong business activity. • Manufacturing PMI: Rose to 55.0 in July from 53.0 in June. Growth was anchored by the food & beverage sub-sector, pushing New Orders up to 55.9 (from 50.0) and Production to 54.5 (from 52.0). Employment and stock purchases expanded, though delivery times lengthened due to persistent supply-chain pressures. • Services PMI: Surged to 61.4 in July compared to 58.5 in June. Key growth drivers included transportation, financial services, and professional services. Employment increased amid higher recruitment and lower resignations, while work backlogs accumulated. • Sector Outlook: Business sentiment for the next quarter remains positive, supported by expected economic recovery and anticipated tourist arrivals for the Kandy Esala Perahera. However, both sectors maintain caution over ongoing global economic uncertainties.

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