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Back to stories
3 sourcesTrending3h ago

Services sector accelerates in August as manufacturing growth slows

Sri Lanka's services sector recorded a stronger expansion in August 2026, while manufacturing activity continued to grow at a slower pac

News First•3h ago
Sri Lanka Records Robust Services Growth
By News 1st
Read full article

Summary

Meanwhile, Sri Lanka's services sector delivered a stronger performance, with the PMI Services Business Activity Index rising to 65.6 in August from 61.4 in July, signaling a faster rate of expansion. New business activity remained strong, recording a reading of 60.0, supported by growth in wholesale and retail trade, financial services and personal services.

Summarised from News First

What this story is about

Organisations
  • Central Bank of Sri Lanka4
Places
  • Sri Lanka4
  • United Kingdom
  • United States
  • China
  • India
Keywords
  • manufacturing4
  • services3
  • august3
  • growth3
  • activity2
  • slows2
  • accelerates
  • production
  • purchasing
  • continued

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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Also reported by

3 newsrooms have reported this story

  • Sri Lanka manufacturing and services activity expands in AugustHiru News - English·11h ago
  • Manufacturing growth slows in August amid weaker new orders and productionAda Derana·12h ago
  • Services sector accelerates in August as manufacturing growth slowsHiru News - English·1d ago
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