
PMI Indicator at Its Lowest in Four Months
This Is Beirut 2024-05-09 22:58 - Reading : 2 minute(s)
The Purchasing Managers Index (PMI), published by BlomInvest, recorded in April 2024 the lowest figure in four months, reaching 48.9 points compared to 49.4 the previous month. Commenting on these figures, Fadi Osseiran, CEO of BLOM Bank, stated that this decline is due to difficult economic conditions in Lebanon. The reason behind the decline in ...