Manufacturing Momentum: PMI Surges to 66.7 in March

Fresh data from the Central Bank of Sri Lanka confirms that the Manufacturing Purchasing Managers’ Index (PMI) surged to 66.7 in March 2026, up from 56.8 in February. This indicates a robust expansion, largely driven by the seasonal peak in the food and beverage and textile sectors ahead of the festive season.However, the report also highlights a “tight production environment.” Manufacturers are grappling with raw material and fuel shortages, rising costs, and significant logistical constraints. Notably, some firms have shifted to precautionary stocking (Just-in-Case) to protect their production lines from the ongoing Middle East maritime disruptions. For supply chain professionals, while demand is high, the “Suppliers’ Delivery Time” continues to lengthen, making real-time inventory management more critical than ever.

Source: The Morning – Manufacturing: PMI expands in March – April 20, 2026