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
July 3, 2020

BLOM Lebanon PMI June 2020: Business Conditions Deteriorate Sharply but at the Softest Pace in Four Months

While the rest of the world moves beyond Coronavirus measures, Lebanon struggles to grapple with dual crises. Most nations began to overcome the standstill generated by the notorious pandemic. This is ... read more

BLOM Lebanon PMI in May 2020: Private Sector Business Conditions Deteriorate Further

Lebanon officially asked the IMF for a financial lifeline on May 01st. The Lebanese government began its negotiations with the International Monetary Fund (IMF) after presenting a detailed financial rescue ... read more

BLOM Lebanon PMI: Deterioration in Business Conditions Deepens during April 2020

Lebanon’s Purchasing Managers’ Index hit an all-time low, as did the USA’s and most global markets’ PMI. Lebanon’s BLOM PMI expectedly slumped to lows of 30.9 in April 2020 as a result of business closures ... read more

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

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PMI Reports