Lebanon BLOM Lebanon PMI
Lebanon's private sector performance is measured by the BLOM Lebanon Purchasing Managers' Index (PMI), which was developed by a survey of 450 enterprises from a number of industries, including manufacturing, services, construction, and retail. New orders (30%), Output (25%), Employment (20%), Suppliers' Delivery Times (15%), and Stocks Of Purchases (10%) are the 5 distinct sub-components that make up the PMI composite indicator. Ratings above 50 indicate an improvement in business circumstances over the previous month, whilst ratings below 50 indicate a worsening in business conditions over the preceding month.
A higher than expected figure should be seen as positive (bullish) for the LBP while a lower than expected figure should be seen as negative (bearish) for the LBP.
