Civic protests erupted in the country on October 17th 2019 triggering economic and political unrest. As a result, the latest data by the Ministry of Tourism revealed the number of tourists in the month of ... read more
For a proper analysis of the changes to the Lebanese balance of payments in October 2019 to-date, it is worthy to take note of the developments on the political scene (attached to the ongoing civic protest ... read more
The first full materialization of the civic protest’s economic repercussions emerged in November 2019, as economic growth is estimated at -0.5% year-to-date. While October’s PMI stood at 48.3, measured ... read more
The fiscal deficit (on cash basis) of Lebanon narrowed from $3.38B in the first 8 months of 2018 to $2.95B by August 2019. The reduced deficit is attributed to a 4.81% annual decline in government ... read more
According to the latest data published by the Central Administration of Statistics (CAS) Average consumer prices in Lebanon rose by 2.45% year-on-year (YOY) by October 2019, compared to a rigorous rate of ... read more
With banks closing their doors since mid-October during the protests, people preferred dealing in cash payments. In fact, the latest statistics provided by the Association of Lebanese Banks (ABL) showed ... read more
Real estate activity continued its feeble performance during the ongoing protests that broke out in Lebanon on October 17th 2019. Data from the General Directorate of Land Registry and Cadastre (LRC) ... read more
“The number of new cars registered during the month of October 2019 has dramatically dropped by 62 % in comparison with the month of October 2018”, according to the latest statement by the Association of ... read more
The BLOM Purchasing Manager’s index (PMI) rose in October on a monthly basis reaching 48.3 to indicate economic contraction at a slower pace, when compared to September’s score of 46.4. However, October’s ... read more
According to the Association of Banks (ABL), the total value of cleared checks decreased by 14.6% in Q3 2019, which illustrates lower business spending and the fact that people are possibly using alternate ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here