ECONOMYNEXT – Sri Lanka’s services sector expanded at a slower rate in September 2025, with a Purchasing Managers Index compiled by the central bank registering 58.7, from 68.9 in August.
Business activities continued to expand in the month, supported by strong performance in wholesale and retail trade, the central bank said.
“Business activities related to financial services also continued to improve, underpinned by increased lending activity.”
New businesses rose at a slower rate in September, registering 65.2 from 66.8 in August, due to expansions observed in wholesale and retail trade, and financial services related activities.
Employment rose at a slower rate in September, registering 53.1 from 57.0 in August, as several companies recruited additional staff to meet ongoing operational requirements.
Backlogs of Work declined slightly compared to the previous month, registering 47.8, from 49.4 the previous month.
“Expectations for Business Activities over the next three months continued to improve, supported by favourable macroeconomic conditions, increased tourist arrivals, and the anticipated boost from the upcoming festive season.” (Colombo/Oct16/2025)
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