Buyers index drops – CBSL

Demand in the food and beverage sector fell in July compared to the previous month.

This is due to consumer purchasing power declines and fuel scarcity.

According to the central bank, consumer visits to stores have also decreased. As a result, the buyers’ index for the manufacturing sector fell by 2.7 percent in July compared to June.

The Central Bank notes, manufacturing activity has also slowed. According to a report released today by the Central Bank, production, employment, and wholesale purchases have all decreased from the previous month.

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