Sri Lanka’s Services PMI eased to 54.4 in February 2026 from 64.5 in January, signaling slower expansion. All sub-indexes rose at a slower pace except Backlogs of Work, which contracted. Growth was broad based, led by professional and personal services, with accommodation, food, and education sectors maintaining momentum. New Business (53.8 vs 60.8) expanded on rising demand for hospitality and personal services. Employment (55.1 vs 59.2) rose as firms hired to meet consumer demand. Backlogs of Work (47.6 vs 48.9) declined faster. Business Activity expectations (65.9 vs 76.9) remained strong, supported by seasonal demand and planned expansions. Still, some firms warned of risks from Middle East conflict and global uncertainty. source: Central Bank of Sri Lanka

Services PMI in Sri Lanka decreased to 54.40 points in February from 64.50 points in January of 2026. Services PMI in Sri Lanka averaged 56.05 points from 2015 until 2026, reaching an all time high of 71.10 points in July of 2024 and a record low of 29.80 points in April of 2020. This page provides - Sri Lanka Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Services PMI in Sri Lanka decreased to 54.40 points in February from 64.50 points in January of 2026. Services PMI in Sri Lanka is expected to be 59.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Services PMI is projected to trend around 55.00 points in 2027 and 53.00 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence 125.00 130.00 points Dec 2025
Capacity Utilization 62.00 60.00 percent Dec 2024
Car Registrations 12710.00 9020.00 Units Dec 2025
Changes in Inventories 2441500.00 1994954.20 LKR Million Dec 2024
Industrial Production 4.40 5.90 percent Dec 2025


Sri Lanka Services PMI
The Services Sri Lanka PMI (Purchasing Managers' Index) is based on data collected from a representative panel of 140 companies based in the Sri Lanka's service sector. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining.

News Stream
Sri Lanka Services PMI Slows in February
Sri Lanka’s Services PMI eased to 54.4 in February 2026 from 64.5 in January, signaling slower expansion. All sub-indexes rose at a slower pace except Backlogs of Work, which contracted. Growth was broad based, led by professional and personal services, with accommodation, food, and education sectors maintaining momentum. New Business (53.8 vs 60.8) expanded on rising demand for hospitality and personal services. Employment (55.1 vs 59.2) rose as firms hired to meet consumer demand. Backlogs of Work (47.6 vs 48.9) declined faster. Business Activity expectations (65.9 vs 76.9) remained strong, supported by seasonal demand and planned expansions. Still, some firms warned of risks from Middle East conflict and global uncertainty.
2026-03-16
Sri Lanka Services Growth Cools in January
Sri Lanka’s Services PMI eased to 64.5 in January 2026 from 67.9 in December, indicating a softer expansion in the services sector. The moderation reflected a slight easing of demand after the post-holiday peak. Still, strength remained in wholesale and retail trade, accommodation, food and beverage services, and financial services, supported by increased lending activity. New businesses fell to 60.8 from 64.6, led by financial services, education, and transportation, though growth was more cautious than in December. Meanwhile, employment rose to 59.2 from 52.6, as firms maintained workforce expansion to meet demand. Backlogs of work declined to 48.9 from 53.8, reflecting improved efficiency and a temporary easing of pressures. Expectations for activity over the next quarter stayed positive, supported by favorable macroeconomic conditions, seasonal demand, and continued normalization after weather-related disruptions.
2026-02-16
Sri Lanka Services PMI Signals Strong Expansion
Sri Lanka’s Services PMI rose sharply to 67.9 in December 2025 from 50.5 in November, indicating a strong expansion in services sector activity. The increase was mainly driven by growth in wholesale and retail trade amid heightened festive season demand, with additional support from business-related activities, accommodation, and food and beverage services. New Businesses increased to 64.9 from 53.6, underpinned by improved activity in wholesale and retail trade, alongside strengthened performance in financial services. Employment growth moderated during the month, with the index easing to 52.6 from 55.7. Meanwhile, Backlogs of Work continued to expand for the second consecutive month, rising to 53.8 from 51.1. Looking ahead, Expectations for Business Activity over the next quarter turned optimistic, supported by improving macroeconomic conditions, seasonal tourism-related factors, and the normalization of weather-related disruptions.
2026-01-16