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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BLOM Lebanon PMI February 2021: Slightly Softer Decline In Business Conditions During February

The USA’s and most global markets’ Purchasing Managers’ Index (PMI) went up during February 2021. Cryptocurrency – Bitcoin appeared to be a preferred choice for investors during the first 2 months of ... read more

Tala Nasrallah
PMI Reports
February 4, 2021

BLOM Lebanon PMI January 2021: Quickest deterioration in Lebanese business conditions for five months

The month of January 2021 witnessed a further deterioration of the economic conditions in Lebanon. Besides the usual suspects of exchange rate depreciations and liquidity constraints etc.., the country ... read more

Tala Nasrallah
PMI Reports
January 7, 2021

BLOM Lebanon PMI December 2020: Deterioration in Business Conditions Softens in December

Month of December marked a high manufacturing Purchasing Managers’ Index (PMI) for the US which increased from 56.7 in November to 57.1 in December, the best reading since September 2014. The last month of ... read more

Sara Hadchiti
PMI Reports
December 3, 2020

BLOM Lebanon PMI November 2020 : New Lockdown Restrictions Lead to Sharper Deterioration in Business Conditions

The US presidential election results brought an encouraging PMI reading of 56.7 in November. In fact, Business activity across both manufacturing and services rose in November at the strongest rate since ... read more

Sara Hadchiti
PMI Reports
November 4, 2020

BLOM Lebanon PMI October 2020 : Softest Deterioration in Business Conditions for Three Months

In its October World Economic Outlook, the IMF revised the Global growth in 2020 at -4.4% (the worst annual plunge since the Great Depression of the 1930s), reflecting better-than-anticipated second ... read more

Sara Hadchiti
PMI Reports
October 6, 2020

BLOM Lebanon PMI: Operating Conditions Deteriorate Markedly in September 2020 as Firms Continue to Struggle Following Explosion

The huge explosion that ripped through the Port of Beirut on August 4, 2020, killing about 180 people and destroying large parts of the city, was only the most recent of several shocks to hit Lebanon in ... read more

Sara Hadchiti
PMI Reports
September 8, 2020

BLOM Lebanon PMI :Business Conditions Deteriorate at Sharper Rate in August 2020 as Output Contraction Accelerates

During the month of August, international countries continued to move beyond Coronavirus crisis and ease lockdowns which was translated in higher PMI index readings compared to the month of July. In ... read more

Sara Hadchiti
PMI Reports
August 14, 2020

BLOM Lebanon PMI : Lebanese Business Conditions Continue to Deteriorate markedly in July 2020

During July, Lebanon continued to ease lockdowns and businesses reopened leading to a PMI reading of 44.9, up from 43.2 in June. However, the overall Lebanese business environment remained negative. In ... read more

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

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PMI Reports