New data BLOM Lebanon PMI (Jan)

2/5/2025

actual 50.6, previous 48.8

The event is the BLOM Lebanon PMI (Purchasing Managers' Index) for the month of January. The actual PMI value reported is 50.6, which indicates a slight improvement compared to the previous month. The PMI is a key economic indicator that provides insight into the economic health of the manufacturing sector in Lebanon.

With a low impact on the market, the PMI value meeting the estimate of 48.6 suggests that the manufacturing sector in Lebanon is experiencing some growth. The change in PMI by 1.8 points from the previous month's value of 48.8 indicates a positive trend in manufacturing activity. Overall, this data suggests a modest expansion in the manufacturing sector in Lebanon for the month of January.

This is not investment advice. Remember to verify the information provided here.