Civic protests erupted in the country on October 17th 2019 triggering economic and political unrest. As a result, the latest data by the Read More
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Economic Indicators
The Balance of Payments Deficit Stood at $197.9M in October 2019 alone, Carrying Key Indications Linked to the Social Unrest
For a proper analysis of the changes to the Lebanese balance of payments in October 2019 to-date, it is worthy to take note Read More
PMI Reports
Protests Drive Fastest Output Contraction in Series’ History: BLOM Lebanon PMI at 37 in November 2019
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 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 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) Read More
Economic Indicators
Total Number of Cleared Checks Slashed by 50%YOY in October 2019 as Protests Erupted
With banks closing their doors since mid-October during the protests, people preferred dealing in cash payments. In fact, the latest statistics provided Read More
Economic Indicators
October 2019 Witnessed a 17.7% YOY Contraction in the Number of Real Estate Transactions
Real estate activity continued its feeble performance during the ongoing protests that broke out in Lebanon on October 17th 2019. Data from the Read More
Economic Indicators
The Number of Total Registered New Cars Slumped by 28%YOY to 22,008 by October 2019
“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”, Read More
PMI Reports
BLOM PMI: Private Sector Operating Conditions Continue to Decline by mid-October 2019, but the Repercussions of the National Protests Are Yet to Emerge
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
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 Read More
