*Manufacturing PMI Rebounds in May 2025 Amid Recovery in Apparel Sector* Sri Lanka’s Manufacturing Purchasing Managers’ Index (PMI) rose to 55.5 in May 2025, signaling a recovery in manufacturing activity following the seasonal dip in April. All sub-indices returned above the neutral threshold, indicating broad-based improvement across the sector. The resurgence in New Orders and Production was largely driven by the textiles and apparel sector, which also supported a rebound in Employment. Stock of Purchases remained unchanged from the previous month, while Suppliers' Delivery Time continued to lengthen. Looking ahead, manufacturers anticipate a gradual rise in demand over the next three months, though concerns persist over potential cost pressures from revised electricity tariffs and geopolitical tensions in the Middle East.