The BLOM Bond Index (BBI), a market value-weighted index tracking the performance of the Lebanese government Eurobonds market excluding coupon payments, slumped to unprecedented historical lows, closing ... read more
Following the challenging fourth quarter of 2019, the number of travelers to and from Lebanon continued its decline into the first month of 2020 as tourism activity slowed down along with the economy. ... read more
The latest data released by the Association of Lebanese Banks (ABL) revealed that the total number of cleared checks in the first month of 2020 fell by 11.9% year-on-year (YOY) to 757,824 checks. This can ... read more
According to the latest figures published by the Port of Beirut (PoB), the Port’s revenues fell by 30.33% year-on-year (YOY) to $12.37M in the first month of the year. In details, Total container activity ... read more
According to the Central Administration of Statistics (CAS), the monthly inflation rate in Lebanon doubled from November’s 3.17% to end 2019 at 6.96%. The ensuing inflation rate in the first month of 2020 ... read more
The PMI’s predictive power revealed that Lebanon’s GDP growth dipped into negative territory for two consecutive quarters Q1 and Q2 of 2019. That said, the Lebanese economy was already in a recession when ... read more
It is generally known that the Lebanese economy extends to all five continents of the globe given that – by some estimates – more than 10 million Lebanese live outside the country. That is of course not ... read more
Q4 2019 witnessed substantial developments in the country which hampered the tourism activity as reflected in our post earlier this week, with the number of airport passengers in 2019 marking its first ... read more
The fourth quarter of 2019 was particularly challenging for Lebanon, both externally and internally, given that October ushered in an open-ended eruption of social rioting across the country which ... read more
The onset of the civic protest across Lebanon on October 17th and the ensuing financial and economic repercussions, namely the imposition of capital controls, contributed to raising inflation further up ... read more
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