• March 22, 2024

Sri Lanka's Construction Sector Shows Growth Amid Challenges: A Deep Dive into the Latest SL-PMI Report

Sri Lanka's Construction Sector Shows Growth Amid Challenges: A Deep Dive into the Latest SL-PMI Report

Sri Lanka's construction sector experienced a modest improvement in February 2024, as highlighted in the latest SL-PMI report by NielsenIQ. Growth in employment and customer demand contributed to this uptrend, despite facing obstacles such as higher raw material costs and supply chain issues. The housing sector led the growth, contrasting with a slower commercial construction sector.