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.

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Lebanon PMI



Related Last Previous Unit Reference
Manufacturing PMI 47.70 47.30 points Jan 2023

Lebanon PMI
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. .
Actual Previous Highest Lowest Dates Unit Frequency
47.70 47.30 50.10 30.90 2013 - 2023 points Monthly
SA

News Stream
Lebanon Private Sector Remains in Contraction
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.
2023-02-03
Lebanese Private Sector Shrinks the Most Since January
The BLOM Lebanon PMI dropped to 47.3 in December 2022 from 48.1 in November. This was the lowest reading since January, mostly due to sharp decline in output and new orders, linked to weak client purchasing power and political uncertainty. Meanwhile, both purchasing activity and employment levels were decreased. On the price front, overall input cost increased but the rate of inflation eased to a five-month low. Output price inflation also rose but at the slowest rate since last July. Looking ahead, firms remained pessimistic in the outlook because of domestic political uncertainty.
2023-01-04
Lebanese Private Sector Contracts the Most in 7 Months
The BLOM Lebanon PMI slightly fell to a seven-month low of 48.1 in November of 2022, down from 49.1 in October. The latest reading pointed to the third consecutive month of deterioration in private sector operating conditions in Lebanon and at the fastest pace since April. Output, new orders and exports decreased significantly, linked to weak client purchasing power. At teh same time, both purchasing activity and staff numbers were reduced. The business outlook also remained pessimistic due to uncertainty surrounding the domestic political and economic climate. On the price front, cost pressures eased, leading to a slower rate of increase in selling charges.
2022-12-05