Sri Lanka, Oct. 17 -- The continuous growth in economic activities was seen further from the Purchasing Managers' Index (PMI) data for September which showed persistent expansion in both manufacturing and services sectors which was out this week.
The manufacturing PMI recorded an index value of 55.4 for September, slightly up from the 55.2 index points in August, reflecting the continued growth in the activities which has now been growing for two years continuously.
The services PMI meanwhile recorded an index value of 58.7 for September, compared to 68.9 in August, suggesting continuous expansion, although at somewhat a slow pace from August.
In PMI, a reading above 50.0 index value indicates an expansion while a value below 50.0 is a...
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