The BLOM Lebanon PMI increased slightly to 47.7 in January of 2023 from 47.3 in the previous month, and pointing to the fifth straight month of contraction in the sector. The latest reading also signalled a reduction in private sector business activity across Lebanon at the beginning of 2023. New orders and export sales both fell but at slower rates. Purchase costs increased sharply due to a worsening exchange rate versus the US dollar. Supplier delivery times also worsened. On the price front, overall input price inflation rose to an18-month high in January. Additionally, private sector employment level decreased marginally. Looking ahead, firms remained pessimistic in the outlook because of political and economic uncertainty. source: Markit Economics
Manufacturing PMI in Lebanon averaged 46.24 points from 2013 until 2023, reaching an all time high of 50.10 points in August of 2022 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 February of 2023.
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.