The BLOM Lebanon PMI rose to 50.1 in August of 2022, from 49.9 in the previous month, at its fastest pace in over nine years. Business activity broadly stabilized, with new order intakes only falling by a fraction. Backlogs of work increased, and employment fell slightly. Meanwhile, inflation and reports of an unfavorable exchange rate against the US dollar increased operating costs, but selling prices were raised quicker than in July. Concerns around the domestic political environment continue to loom, clouding the economic outlook. source: Markit Economics

Manufacturing PMI in Lebanon averaged 46.15 points from 2013 until 2022, 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 September of 2022.

Manufacturing PMI in Lebanon is expected to be 49.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon PMI is projected to trend around 50.00 points in 2023, according to our econometric models.

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Lebanon PMI



Related Last Previous Unit Reference
Manufacturing PMI 50.10 49.90 points Aug 2022

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
50.10 49.90 50.10 30.90 2013 - 2022 points Monthly
SA

News Stream
Lebanese Private Sector Activity At 9-Year High
The BLOM Lebanon PMI rose to 50.1 in August of 2022, from 49.9 in the previous month, at its fastest pace in over nine years. Business activity broadly stabilized, with new order intakes only falling by a fraction. Backlogs of work increased, and employment fell slightly. Meanwhile, inflation and reports of an unfavorable exchange rate against the US dollar increased operating costs, but selling prices were raised quicker than in July. Concerns around the domestic political environment continue to loom, clouding the economic outlook.
2022-09-05
Lebanese Private Sector Activity Edges Close to Growth
The BLOM Lebanon PMI rose to 49.9 in July of 2022 from 49.1 in the previous month. It was the highest reading since June 2013, amid softer deteriorations in output and new orders and fractional increases in purchasing activity and employment. Still, business confidence remained clouded by political and economic uncertainty.
2022-08-03
Lebanon Private Sector Activity Downturn Softens
The BLOM Lebanon PMI rose to a 77-month high of 49.1 in June of 2022 from 48.6 in the previous month, reflecting the postelections positive impact in the country and pointing towards a softer deterioration in private sector activity. Output and new orders declined at a slower pace. Also, employment rose at the strongest level since February 2018, causing an increase in the spare capacity and a slower decline in backlogs of work. Meanwhile, purchasing activity fell amid liquidity issues and problems acquiring US dollars. On the price front, unfavourable exchange rate movements led input cost inflation rise to a 6-six month high in June, leading a faster rise in output charges. Looking forward, the future output index increased to a 10-month high despite uncertain political and economic climate in the country amid expectations of an upbeat tourism season after its improved performance in the first quarter.
2022-07-05