In a nutshell, Lebanon was struggling on multiple fronts during March 2020, namely financially and economically when the coronavirus pandemic emerged on its territory. As the government announced its ... read more
Abstract The substantial delay in publishing national accounts (namely the Gross Domestic Product, GDP) and thus economic growth (g) in developed and developing countries cripples financiers’ and ... read more
Business conditions failed to maintain their momentum in March and revealed a worsening business activity amongst companies in the private sector. Levels of Output and New Orders contracted at a faster ... read more
The private sector’s economic activity remained firmly in contraction area in July, as revealed by Lebanon’s PMI released by Blominvest Bank. BLOM PMI stood well below the 50 mark, which separates economic ... read more
BLOM PMI revealed its lowest reading in eight months in June at 46.1, down from 46.6 in May, indicating a faster fall in overall business activity. The contraction in the private sector’s business ... read more
Contraction in the private sector’s economy accelerated in March as the BLOM PMI declined to 46.9 points. The index remained below the neutral mark of 50, separating economic contraction from growth, for ... read more
BLOM PMI rose again in the first month of 2017, reflecting the slowest pace in economic contraction seen in a year. “This is good news, albeit the BLOM Lebanon PMI is taking its time to reach 50 and above. ... read more
During the month of December, Lebanon’s Purchasing Managers’ Index (PMI) recorded its highest reading since February, with the index standing at 47.0 points, still below the neutral mark of 50 points ... read more
The private sector companies witnessed faster contractions in output and new orders during the month of August. This was reflected by Lebanon’s monthly Purchasing Managers’ Index (PMI), released by ... read more
Contraction of the Lebanese private economy fastened during the fourth month of 2016 with the Purchasing Managers’ Index (PMI), sponsored by BLOMINVEST Bank and compiled by Markit, registering a ... read more
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