The BLOM Lebanon PMI edged down to 47.5 in June of 2021 from 47.9 in the previous month. Both output and new orders declined at a faster pace which led to a decrease in staffing levels. Lower staffing numbers contributed to a further month of falling labour costs, although overall input price inflation accelerated for the first time since March. In addition, poor cash availability, economic instability and a weakening exchange rate were key factors driving the stronger decline in operating conditions. Looking forward, firms remained extremely pessimistic for the year ahead, as lower purchasing power will restrict output volumes of business. source: Markit Economics
Manufacturing PMI in Lebanon averaged 45.91 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 July of 2021.
Manufacturing PMI in Lebanon is expected to be 51.00 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.