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Lebanese PMI hits record number in January, driven by Aoun-Salam leadership

The PMI sub-index measuring purchasing managers' expectations for the next 12 months increased from 8.2 points in October 2024 to over 75 in January.

Lebanese PMI hits record number in January, driven by Aoun-Salam leadership

Overview of Beirut from Mansourieh (Metn), Feb. 5, 2025. (Credit: Philippe Hage Boutros/L'Orient-Le Jour)

The optimism sparked by Joseph Aoun’s election as president and the appointment of former International Court of Justice Judge Nawaf Salam to form a new government has begun to fade after nearly a month of stalled negotiations.Still, the...
The optimism sparked by Joseph Aoun’s election as president and the appointment of former International Court of Justice Judge Nawaf Salam to form a new government has begun to fade after nearly a month of stalled negotiations.Still, the...