Lebanon Private Sector Remains in Contraction The BLOM Lebanon PMI edged up to 46.9 in September of 2021, from 46.6 in August, but still pointing to economic contraction across Lebanon's private sector. Output and new orders declined, as fuel shortages compounded political instability and weak domestic demand. Meanwhile, employment levels were kept broadly unchanged. On the price front, overall input prices declined for the first time since January 2019, mainly due to an improvement in the US dollar exchange rate. However, selling prices increased for a twentieth month running in September, but at a softer pace. Looking forward, firms' expectations remained deeply pessimistic for the next 12 months amid an unstable political situation. source: Markit Economics

Manufacturing PMI in Lebanon averaged 45.94 points from 2013 until 2021, reaching an all time high of 49.50 points in November of 2014 and a record low of 30.90 points in April of 2020. This page provides - Lebanon Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Lebanon PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Manufacturing PMI in Lebanon is expected to be 49.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon PMI is projected to trend around 50.00 points in 2022, according to our econometric models.

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Lebanon PMI


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Lebanon Private Sector Remains in Contraction
Lebanon Private Sector Remains in Contraction The BLOM Lebanon PMI edged up to 46.9 in September of 2021, from 46.6 in August, but still pointing to economic contraction across Lebanon's private sector. Output and new orders declined, as fuel shortages compounded political instability and weak domestic demand. Meanwhile, employment levels were kept broadly unchanged. On the price front, overall input prices declined for the first time since January 2019, mainly due to an improvement in the US dollar exchange rate. However, selling prices increased for a twentieth month running in September, but at a softer pace. Looking forward, firms' expectations remained deeply pessimistic for the next 12 months amid an unstable political situation.
2021-10-05
Lebanon Private Sector Activity at 5-Month Low
The BLOM Lebanon PMI dropped to 46.6 in August of 2021, from 47 in the previous month, its lowest level since March of 2021. Business activity, new orders and exports declined, amid ongoing political and economic instability, fuel shortages and eroding purchasing power among domestic clients. As a result, employment fell for a sixth successive month and at the fastest pace since last December. Meanwhile, suppliers’ delivery time deteriorated which was the consequence of fuel shortage and poor cash availability. On the price front, inflationary pressure intensified, with both input costs and output charges rising linked to a worsening exchange rate against the US dollar. Finally, private sector firms kept their extremely negative outlook for the coming 12 months, with firms citing the difficulty in predicting their future level of business activity due to the ongoing political and economic challenges.
2021-09-06
Lebanon Private Sector Shrinks to 4-month Low
The BLOM Lebanon PMI dropped to 47 in July of 2021 from 47.5 in the previous month, its lowest level since March of 2021. Both output and new orders declined, as domestic demand was hit by eroding purchasing power due to the rising cost of acquiring US dollars and unfavourable economic conditions. This was despite exports rose for the first time since mid-2015. Meanwhile, employment remained broadly unchanged. At the same time, the combination of lower buying activity and delays at vendors contributed to a further depletion in stocks of purchases. On the price front, inflationary pressures intensified mainly due to exchange rate weakness. Finally, private sector firms kept their extremely pessimistic outlook for the coming 12 months, due to ongoing political and economic instability.
2021-08-05
Lebanon Private Sector Continues to Shrink
The BLOM Lebanon PMI edged down to 47.5 in June of 2021 from 47.9 in the previous month. Both output and new orders declined at a faster pace which led to a decrease in staffing levels. Lower staffing numbers contributed to a further month of falling labour costs, although overall input price inflation accelerated for the first time since March. In addition, poor cash availability, economic instability and a weakening exchange rate were key factors driving the stronger decline in operating conditions. Looking forward, firms remained extremely pessimistic for the year ahead, as lower purchasing power will restrict output volumes of business.
2021-07-05

Lebanon Last Unit Reference Previous Highest Lowest
Manufacturing PMI 46.90 points Sep/21 46.60 49.50 30.90


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. .