The BLOM Lebanon PMI rose to a 77-month high of 49.1 in June of 2022 from 48.6 in the previous month, reflecting the postelections positive impact in the country and pointing towards a softer deterioration in private sector activity. Output and new orders declined at a slower pace. Also, employment rose at the strongest level since February 2018, causing an increase in the spare capacity and a slower decline in backlogs of work. Meanwhile, purchasing activity fell amid liquidity issues and problems acquiring US dollars. On the price front, unfavourable exchange rate movements led input cost inflation rise to a 6-six month high in June, leading a faster rise in output charges. Looking forward, the future output index increased to a 10-month high despite uncertain political and economic climate in the country amid expectations of an upbeat tourism season after its improved performance in the first quarter. source: Markit Economics
Manufacturing PMI in Lebanon averaged 46.07 points from 2013 until 2022, 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 July of 2022.
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 2023, according to our econometric models.