Real-estate & Construction Economy & Market

Sri Lanka construction activity expands in Feb 2026: PMI

Sri Lanka’s construction sector activity continued to expand in February 2026, registering a value of 70.3, but at a slower rate than the previous month’s 75.0, according to a Purchasing Managers Index compiled by the central bank.

Firms reported favourable industry conditions in February, underpinned by steady inflows of construction projects and favourable weather, the central bank said.

This was before the US and Israel started bombing Iran on February 28, precipitating a regional conflict that placed stress on supply chains globally.

The Employment Index expanded at a higher rate, reflecting ongoing hiring in anticipation of increased project availability.

“The New Orders Index continued to expand during the month, with many respondents reporting increased availability of a broader range of construction projects,” the central bank said.

The Quantity of Purchases Index also expanded, in line with higher construction activities.

The Suppliers’ Delivery Time Index lengthened further during the month, reflecting continued construction demand and import-related delays associated with the Chinese New Year.

Source: Economy Next