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Hi all,
Its good indicator about the business pulse right now and about the future.
http://www.ft.lk/business/Manufacturing-and-Services-move-towards-pre-COVID-levels-in-July-PMI/34-704754
Purchasing Managers’ Indices (PMI) for both Manufacturing and Services activities continued to expand in July moving toward pre-COVID levels, compared to June, benefitting from the normalising of economic activities, the Central Bank said yesterday.
Reflecting that manufacturing activities are gradually approaching the pre-COVID levels with the normalisation of business activities, the Manufacturing PMI continued to expand in July recording 64.6 mainly due to the expansion in New Orders and Production sub-indices.
Its good indicator about the business pulse right now and about the future.
http://www.ft.lk/business/Manufacturing-and-Services-move-towards-pre-COVID-levels-in-July-PMI/34-704754
- Both sectors get new orders, employment expands, high demand anticipated in coming months
Purchasing Managers’ Indices (PMI) for both Manufacturing and Services activities continued to expand in July moving toward pre-COVID levels, compared to June, benefitting from the normalising of economic activities, the Central Bank said yesterday.
Reflecting that manufacturing activities are gradually approaching the pre-COVID levels with the normalisation of business activities, the Manufacturing PMI continued to expand in July recording 64.6 mainly due to the expansion in New Orders and Production sub-indices.
