Lebanon PMI

The BLOM Lebanon PMI ticked up to 46.9 in February of 2019 from 46.5 in the previous month. The reading pointed to another contraction in the Lebanese private sector, thought the lowest in a year. Business activity fell at the slowest pace for 12 months; new business continued to fall markedly amid weak demand conditions due to ongoing political uncertainty; employment was cut again; and a quicker fall in backlogs of work underlined a lack of pressure on business capacity. Also, average costs were unchanged, due to a broad stabilisation in purchasing prices, as wages expanded fractionally and output prices were cut at a softer pace. Finally, companies were still pessimistic towards the business outlook, due to the ongoing political instability. Manufacturing Pmi in Lebanon is reported by Markit Economics.

Manufacturing Pmi in Lebanon is expected to be 47.00 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.

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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	46.90	46.50	49.50	43.80		[+]
Ease of Doing Business	142.00	133.00	142.00	101.00		[+]
Electricity Production	1342.00	1361.00	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	300.70	316.50	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		[+]

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 March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	46.90	46.50	49.50	43.80	2013 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	54.00	Feb/19	52.5	62.5 : 29.47
Brazil	53.40	Feb/19	52.7	53.5 : 41.6
Canada	52.60	Feb/19	53	57.1 : 47.5
China	49.90	Feb/19	48.3	52.3 : 47.2
Euro Area	47.60	Mar/19	49.3	60.6 : 33.5
France	49.80	Mar/19	51.5	58.8 : 42.7
Germany	44.70	Mar/19	47.6	63.3 : 32
India	54.30	Feb/19	53.9	55 : 47.9
Indonesia	50.10	Feb/19	49.9	58.5 : 46.4
Italy	47.70	Feb/19	47.8	59 : 47.7
Japan	48.90	Mar/19	48.9	56.2 : 29.6
Mexico	52.60	Feb/19	50.9	57.1 : 49.2
Netherlands	52.70	Feb/19	55.1	63.4 : 48
Russia	50.10	Feb/19	50.9	54.7 : 47.6
Saudi Arabia	56.60	Feb/19	56.2	61.8 : 51.4
Singapore	50.40	Feb/19	50.7	53.1 : 48.3
South Africa	46.20	Feb/19	49.9	60.87 : 35.09
South Korea	47.20	Feb/19	48.3	52.6 : 45.7
Spain	49.90	Feb/19	52.4	56.1 : 41.1
Switzerland	55.40	Feb/19	54.3	66.9 : 32.8
Turkey	46.40	Feb/19	44.2	55.7 : 42.7
United Kingdom	52.00	Feb/19	52.6	61.5 : 34.4
United States	52.50	Mar/19	53	57.9 : 50.7