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Sri Lanka services activities expands at slower rate in November: PMI

ECONOMYNEXT – Sri Lanka’s services sector activities expanded at a much slower rate in November 2025, with a Purchasing Managers Index compiled by the central bank registering an index value of 50.5, down from 66.0 in October. “The accommodation, food, and beverage services were the primary drivers of expansion,” the central bank said. Financial services also continued to strengthen, amidst increased lending, contributing to the overall increase. New businesses increased at a slower rate in November, registering 53.6 from 61.5 in October. Employment rose in November, registering 55.7 from 52.5 in October, as firms increased hiring to meet seasonal operational…

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