The BLOM Lebanon PMI rose to a 76-month high of 48.6 in May of 2022 from 47.9 in the previous month as both output and new orders fell at a slowest pace since January 2016. At the same time, purchasing activity rose for the first time in over six years, despite increasing purchase costs. On the price front, unfavourable exchange rates led input costs rise at the sharpest pace in ten months, resulting in surging output charges. Looking forward, business expectations remained pessimistic in the next 12 months as outlook depended on economic and political reforms. source: Markit Economics

Manufacturing PMI in Lebanon averaged 46.04 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 47.00 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.

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Lebanon PMI



Related Last Previous Unit Reference
Manufacturing PMI 48.60 47.90 points May 2022

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. .
Actual Previous Highest Lowest Dates Unit Frequency
48.60 47.90 49.50 30.90 2013 - 2022 points Monthly
SA

News Stream
Lebanon Private Sector Activity at 76-Month High
The BLOM Lebanon PMI rose to a 76-month high of 48.6 in May of 2022 from 47.9 in the previous month as both output and new orders fell at a slowest pace since January 2016. At the same time, purchasing activity rose for the first time in over six years, despite increasing purchase costs. On the price front, unfavourable exchange rates led input costs rise at the sharpest pace in ten months, resulting in surging output charges. Looking forward, business expectations remained pessimistic in the next 12 months as outlook depended on economic and political reforms.
2022-06-06
Lebanon Private Sector Activity Downturn Softens
The BLOM Lebanon PMI edged up to 47.9 in April of 2022 from 47.4 in the previous month. Despite rising to an 11-month high, the reading pointed to a deteriorating private sector conditions across Lebanon’s private sector economy as political instability and weak purchasing power among domestic clients weighed on both business activity and demand. Meanwhile, employment increased fractionally. On the price front, higher wage bills and rising purchase prices led firms raise their output prices. Looking forward, business expectations remained pessimistic in the next 12 months as firms anticipate a further deterioration in financial conditions.
2022-05-09
Lebanon Private Sector Activity Edges Down
The BLOM Lebanon PMI edged down to 47.4 in March of 2022 from 47.5 in the previous month, indicating a further deterioration in operating conditions across Lebanon’s private sector economy. Both output and new orders fell as domestic political instability and the high cost of US dollars weighed on demand conditions and pushed up operating expenses. Meanwhile, employment levels reduced marginally, extending the current sequence of job losses to five months. On the price front, input price pressures intensified amid a rise in fuel prices, with selling prices advancing to a quicker extent as firms pass on the increased charges to customers. Looking forward, business expectations remained downbeat in the next 12 months as firms face the challenging domestic situation.
2022-04-05