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.

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Lebanon PMI


Related Last Previous Unit Reference
Manufacturing PMI 46.60 46.90 points Oct/21

News Stream
Lebanon Private Sector Activity Shrinks Further
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.
2021-11-03
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 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. .