The BLOM Lebanon PMI edged down to 46.6 in October of 2021 from 46.9 in the previous month, indicating a stronger deterioration in private sector output. New orders fell at the fastest pace in 7 months and output also declined as stronger US dollar weakened the domestic client’s purchasing power; and economic and political instability in Lebanon struggled to attract foreign market demand. Supplier’s delivery time lengthened on account of fuel shortages and liquidity issues. Meanwhile, employment increased as companies hired additional workers for the first time since February 2018. On the price front, input costs increased mainly due to greater purchase costs and weak currency. Looking ahead, companies remained highly pessimistic in October. Firms are unsure about future activity levels amid ongoing uncertain economic and political climate, with many expecting conditions to worsen further. source: Markit Economics
Manufacturing PMI in Lebanon averaged 45.95 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 December 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.