The BLOM Lebanon PMI rose to 47.1 in April of 2021 from 46.4 in March. The latest reading pointed to the softest deterioration in business conditions faced by Lebanese private sector firms for 18 months, albeit one that was still solid overall. Although the reduction in output and new orders remained sharp, the upward trend was partially supported by both indicators in April, with rates of decline easing to the slowest since October 2019. Meantime, employment stabilized after a renewed downturn in staff numbers during March. On the price front, the rate of input price inflation was among the quickest since the survey began eight years ago and the rate of charge inflation eased from March but remained historically marked. Finally, firms remained extremely pessimistic towards the one-year business outlook. source: Markit Economics
Manufacturing PMI in Lebanon averaged 45.86 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 May 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 53.00 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.