Lebanon officially asked the IMF for a financial lifeline on May 01st. The Lebanese government began its negotiations with the International Monetary Read More
Lebanon’s Purchasing Managers’ Index hit an all-time low, as did the USA’s and most global markets’ PMI. Lebanon’s BLOM Read More
In a nutshell, Lebanon was struggling on multiple fronts during March 2020, namely financially and economically when the coronavirus pandemic emerged on its Read More
Credit rating downgrades on Lebanon and its banks during of February 2020 weighed down on future business expectations. February’s PMI results revealed Read More
The PMI’s predictive power revealed that Lebanon’s GDP growth dipped into negative territory for two consecutive quarters Q1 and Q2 Read More
The below-zero growth persisted during December 2019 and continued to be driven by November 2019’s sharpest deterioration in the private sector’s health. 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. 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 Read More
September 2019 witnessed the fastest deterioration in the private sector’s business conditions in Lebanon. Economic growth in Lebanon was capped between 0% and 0.5% Read More
The BLOM Lebanon PMI stood at 47.8 in August 2019, little-changed from July’s 47.7 score, indicating an annualized growth rate of the economy by 0Read More
