The BLOM Lebanon PMI rose to 42.2 in February of 2021 from 41 in January. Despite indicating a rate decline, far greater than the historic average, the latest PMI shows a softer decrease when compared to the previous month. Output contractions in the private sector, and a new decline in new order received by the Lebanese firms, partially explains this period's downturn, largely marked by the lower activity levels steaming from the pandemic restrictions. Nevertheless, employment levels seem to have been stabilized after a 17-month spell of consecutive reductions. Finally, sentiment towards the one-year business outlook were at a record low, and are expected to continue due to generalized fear of political instability. source: Markit Economics
Manufacturing PMI in Lebanon averaged 45.85 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 March of 2021.
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. Looking forward, we estimate Manufacturing PMI in Lebanon to stand at 49.00 in 12 months time. In the long-term, the Lebanon PMI is projected to trend around 50.00 points in 2022, according to our econometric models.