The BLOM Lebanon PMI ticked up to 46.9 in February of 2019 from 46.5 in the previous month. The reading pointed to another contraction in the Lebanese private sector, thought the lowest in a year. Business activity fell at the slowest pace for 12 months; new business continued to fall markedly amid weak demand conditions due to ongoing political uncertainty; employment was cut again; and a quicker fall in backlogs of work underlined a lack of pressure on business capacity. Also, average costs were unchanged, due to a broad stabilisation in purchasing prices, as wages expanded fractionally and output prices were cut at a softer pace. Finally, companies were still pessimistic towards the business outlook, due to the ongoing political instability. Manufacturing Pmi in Lebanon is reported by Markit Economics.

Manufacturing Pmi in Lebanon is expected to be 47.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Lebanon to stand at 50.00 in 12 months time. In the long-term, the Lebanon PMI is projected to trend around 51.00 in 2020, according to our econometric models.

Lebanon PMI
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Lebanon Business Last Previous Highest Lowest Unit
Internet Speed 2056.08 2271.33 2271.33 308.17 KBps [+]
IP Addresses 179674.00 176348.00 225761.00 21154.00 IP [+]
Manufacturing Pmi 46.90 46.50 49.50 43.80 [+]
Ease of Doing Business 142.00 133.00 142.00 101.00 [+]
Electricity Production 1361.00 1111.00 1528.00 277.00 Gigawatt-hour [+]
Corruption Index 28.00 28.00 36.00 25.00 Points [+]
Corruption Rank 138.00 143.00 143.00 63.00 [+]
Coincident Index 300.70 316.50 325.70 91.50 Index Points [+]
Competitiveness Index 57.72 57.80 57.80 3.67 Points [+]
Competitiveness Rank 80.00 75.00 113.00 75.00 [+]

Lebanon PMI

In Lebanon, the BLOM Lebanon Purchasing Managers’ Index measures the performance of private sector and is derived from a survey of 450 companies, including manufacturing, services, construction and retail. The PMI is a composite index, calculated as a weighted average of five individual sub-components: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). Reading above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration. . This page provides - Lebanon Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Lebanon PMI - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
46.90 46.50 49.50 43.80 2013 - 2019 Monthly

Country Last Previous
Australia 54.00 Feb/19
Brazil 53.40 Feb/19
Canada 52.60 Feb/19
China 49.90 Feb/19
Euro Area 49.30 Feb/19
France 51.50 Feb/19
Germany 47.60 Feb/19
India 54.30 Feb/19
Indonesia 50.10 Feb/19
Italy 47.70 Feb/19
Japan 48.90 Feb/19
Mexico 52.60 Feb/19
Netherlands 52.70 Feb/19
Russia 50.10 Feb/19
Saudi Arabia 56.60 Feb/19
Singapore 50.40 Feb/19
South Africa 46.20 Feb/19
South Korea 47.20 Feb/19
Spain 49.90 Feb/19
Switzerland 55.40 Feb/19
Turkey 46.40 Feb/19
United Kingdom 52.00 Feb/19
United States 53.00 Feb/19