BLOM Lebanon PMI continued its improvement and recorded 48.8 in December 2024 compared to 48.1 in November 2024 but still below the 50 mark, indicating that the Lebanese private sector declined at a softer ... read more
Lebanon’s annual inflation rate fell to 15.38% in November 2024, from 15.68% in October 2024, recording its lowest level since March 2020, according to the Central Administration of Statistics (CAS). The ... read more
Note: Damage to commerce, health, housing, and tourism and hospitality are assessed based on data as of October 27, 2024, while damage to agriculture and environment are assessed based on data as of ... read more
The BLOM Bond Index (BBI), which tracks Lebanese government Eurobonds (excluding coupon payments), dropped by 0.4% this week to 6.97 points, amid the ongoing Israeli-Hezbollah war. Some analysts fear that ... read more
The Lebanese economy is on a tailspin, having undergone a severe financial crisis and, since September 2024, a major war escalation with Israel. Estimates of the effects of the crisis and war on ... read more
On Friday October 25th, 2024, Lebanon was officially listed on the Paris-based Financial Action Task Force (FATF) Grey List for not implementing the required actions to combat money laundering and ... read more
Thomas Picketty’s seminal work, Capital in the Twenty-First Century (2014), has re-awakened a dormant interest in income distribution in developed and developing countries alike. That, fortunately (or ... read more
IMPORTS in Millions of USD Year 2021 Year 2022 Change in value % change Year 2022 Year 2023 Change in value % change Live animals; animal products 499 550 52 10.33% 550 787 237 43.1% Vegetable ... read more
In the past few days, Lebanon and MENA FATF Grey List were frequently on economic and financial news in Lebanon and the one million question was “Is Lebanon going to be listed on the grey list this year?” ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), representing the evolution of goods and services’ prices consumed by households, revealed that Lebanon’s ... read more
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