According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.04% compared to last year, to reach $153.7B by mid-April 2021. Reasons behind the increase include the 2.77% ... 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
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
Following a decelerating contraction the private sector economy during the first month of the year, the business conditions at Lebanon’s private sector companies revealed another collapse in February. In ... read more
The operating conditions of the private sector kept on deteriorating during the first month of 2016, however the rate of contraction seemed to be slowing. In fact, the BLOM PMI hovered close to neutrality ... read more
The prominent trends of both the depreciating Euro and falling international oil prices are the main factors behind the tightening of Lebanon’s trade deficit since the start of the year. Lebanon’s trade ... read more
The deterioration of the private sector’s economic activity managed to slowdown in December with the PMI registering a 3-month high at 47.9, still below the threshold of 50.0 separating growth from ... read more
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