Sri Lanka Purchasing Managers’ Index for Construction (PMI - Construction), as reflected by the Total Activity Index, stood at 51.4 in December 2024, indicating a continued expansion in construction activities. However, most survey respondents emphasised the need for more large-scale construction projects to sustain the industry growth.

The New Orders index was at the neutral threshold, indicating that the number of construction projects approved in December remained at a similar level as in the previous month. Meanwhile, the Employment index continued to contract, yet at a slower pace in December. The Quantity of Purchases index increased, in line with the expansion in construction work. Meanwhile, Suppliers’ Delivery Time remained lengthened in December.