The BLOM Lebanon PMI came in at 47.8 in August 2019, little-changed from 47.7 in the prior month, pointing to the smallest contraction in private sector activity since January 2016. Output fell for the third month running but at the softest pace since January 2016, with demand being dampened by political instability. Likewise, the rate of decline in new orders was the slowest for just over two-and-a-half-years. In contrast, exports fell at the fastest pace for five months. On the other hand, employment was broadly unchanged, ending a 17-month sequence of workforce contraction. However, firms continued to reduce their purchasing activity, albeit at the joint-softest rate since January last year. On the price front, input cost inflation eased slightly from July and was only fractional overall; and output charges fell further. Finally, firms remained more pessimistic towards the business outlook, driven by expectations for prolonged political instability. Manufacturing Pmi in Lebanon is reported by Markit Economics.

Manufacturing Pmi in Lebanon is expected to be 47.50 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 47.80 47.70 49.50 43.80 [+]
Ease of Doing Business 142.00 133.00 142.00 101.00 [+]
Electricity Production 1201.00 1133.00 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 297.40 316.10 325.70 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47.80 47.70 49.50 43.80 2013 - 2019 Monthly

Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19