PMI Reports

This category contains public releases of data collected from the monthly surveys of business conditions in the Lebanese private sector. These surveys, sponsored by Blominvest Bank and compiled by Markit, provide an early indication of operating conditions in Lebanon.

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Rouba Chbeir
PMI Reports
April 3, 2020

BLOM Lebanon PMI at 35 in March 2020: Sharpest deterioration in Business Conditions in Survey History

In a nutshell, Lebanon was struggling on multiple fronts during March 2020, namely financially and economically when the coronavirus pandemic emerged on its territory. As the government announced its ... read more

Rouba Chbeir
PMI Reports
March 4, 2020

BLOM Lebanon PMI in Feb. 2020: Private Sector Operating Conditions Continue to Deteriorate Markedly

Credit rating downgrades on Lebanon and its banks during of February 2020 weighed down on future business expectations. February’s PMI results revealed a stark pessimism in the private sectors’ sentiment ... read more

Rouba Chbeir
PMI Reports
February 5, 2020

BLOM Lebanon PMI in January 2020: Further Marked Deterioration in the Private Sector’s Business Conditions

The PMI’s predictive power revealed that Lebanon’s GDP growth dipped into negative territory for two consecutive quarters Q1 and Q2 of 2019. That said, the Lebanese economy was already in a recession when ... read more

Rouba Chbeir
PMI Reports
January 7, 2020

BLOM Lebanon PMI Registered a Marked Deterioration in Business Conditions in December 2019, but the Rate of Decline Eased from Last Month

The below-zero growth persisted during December 2019 and continued to be driven by November 2019’s sharpest deterioration in the private sector’s health. With a PMI standing at lows of 37 points in ... read more

Rouba Chbeir
PMI Reports
December 4, 2019

Protests Drive Fastest Output Contraction in Series’ History: BLOM Lebanon PMI at 37 in November 2019

The first full materialization of the civic protest’s economic repercussions emerged in November 2019, as economic growth is estimated at -0.5% year-to-date. While October’s PMI stood at 48.3, measured ... read more

Rouba Chbeir
PMI Reports
November 7, 2019

BLOM PMI: Private Sector Operating Conditions Continue to Decline by mid-October 2019, but the Repercussions of the National Protests Are Yet to Emerge

The BLOM Purchasing Manager’s index (PMI) rose in October on a monthly basis reaching 48.3 to indicate economic contraction at a slower pace, when compared to September’s score of 46.4. However, October’s ... read more

Rouba Chbeir
PMI Reports
October 3, 2019

BLOM PMI in Sept. 2019: Fastest Decline in Operating Conditions since June

September 2019 witnessed the fastest deterioration in the private sector’s business conditions in Lebanon. Economic growth in Lebanon was capped between 0% and 0.5% by Sept.2019, as indicated by the PMI ... read more

Rouba Chbeir
PMI Reports
September 4, 2019

Operating Conditions Deteriorate further: PMI Little Changed in August 2019

The BLOM Lebanon PMI stood at 47.8 in August 2019, little-changed from July’s 47.7 score, indicating an annualized growth rate of the economy by 0-0.5%. The score reflects the ongoing operating ... read more

Rouba Chbeir
PMI Reports
August 6, 2019

BLOM PMI at 47.7, Its Highest Reading for nearly 2.5 Years

During the month of July 2019, Lebanon’s Purchasing Managers’ Index (PMI) recorded its highest reading since 2.5 years ago, with the index standing at 47.7 points, still below the neutral mark of 50 points ... read more

Rouba Chbeir
PMI Reports
July 3, 2019

BLOM Lebanon PMI at 46.3 in June 2019: Operating Conditions for the Private Sector Continue to Deteriorate

The June 2019 BLOM Lebanon Purchasing Managers’ Index (PMI) stood at 46.3 in-line with May’s reading, mainly driven by output and new orders indices at less than 44. Meanwhile, economic growth remains ... read more

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PMI Reports