Sri Lanka, Oct. 12 -- Dearth of workers hampers progress
The Sri Lanka Purchasing Managers' Index for Construction as shown by the Total Activity Index rose to 61.1 in August, indicating a continuous expansion in construction activities.
As per the respondents, the ongoing increase in project availability, along with the resumption of some temporarily suspended projects, has strengthened the confidence of the construction sector.
The New Orders Index also increased in August. According to survey respondents, road development and water supply work were the most commonly awarded project types during the month.
In August, the Employment and Quantity of Purchases indices increased, indicating the optimism for continued growth in the constr...
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