Core Insights - The service sector in Sri Lanka experienced growth in October 2025, with the Purchasing Managers' Index (PMI) rising to 66.0 from 58.7 in September [1] Group 1: Economic Performance - The Central Bank reported that business activity accelerated due to strong performance in wholesale and retail trade [1] - Various service industries showed stronger momentum, with personal services and transportation-related activities contributing positively to overall expansion [1] Group 2: New Enterprises and Employment - The growth of new enterprises slowed down, decreasing from 65.2 in September to 61.5 in October, attributed to increased demand in wholesale and retail trade and improvements in financial services [1] - Employment growth also decelerated, dropping from 53.1 in September to 52.5 in October, as companies adjusted hiring to meet operational needs [1]

Core Insights - Ghana's economy experienced a growth rate of 6.3% in the second quarter, primarily driven by the service sector [1] Economic Performance - The service sector recorded a growth rate of 9.9%, making it the largest contributor to the national economy [1] - The fastest-growing sub-sectors within services included: - Information and Communication: 21.3% - Education: 16.6% - Health and Social Work: 14.6% - Other Personal Services: 11.3% - Financial and Insurance: 9.7% [1] Agricultural and Industrial Performance - In agriculture, livestock showed the highest growth at 5.9%, while fishing grew the slowest at 0.9% [1] - Within the industrial sector, the electricity industry performed best with a growth rate of 6.7%, whereas mining and quarrying experienced a contraction of -1.8% [1]