Sri Lanka s manufacturing sector declines in April 2025

INSUBCONTINENT EXCLUSIVE:
Central Bank of Sri Lanka (CBSL) said.The latest report of the CBSL indicated that the Manufacturing PMI declined to 40.1 in April while the
Services PMI reached 60.6.The decrease in the Manufacturing PMI was attributed to sub-indices contracting in production, new orders, stock
of purchases and employment.The outlook for manufacturing activities for the next three months remains positive, anticipating improved
business conditions.Considering the services PMI, the expansion in business activities was driven by improvements observed across most of
the sectors including wholesale and retail trade, according to the CBSL.New Businesses increased in April 2025, primarily due to expansions