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Sri Lanka services expand in October, led by wholesale, retail trade: PMI

ECONOMYNEXT – Sri Lanka’s services sector expanded in October 2025, with a Purchasing Managers Index compiled by the central bank registering an index value of 66.0, up from 58.7 in September. Business activities expanded at a faster pace in the month, led by robust performance in wholesale and retail trade, the central bank said. “Business activities related to financial services continued to improve, supported by increased lending activities.” There was ‘stronger momentum’ across multiple service sectors, the central bank said, with other personal service activities and activities related to transportation of goods also contributing positively to the overall expansion. New…

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