The Lebanese lira registered a sharp depreciation against the US dollar (USD) on Thursday of this week as it traded at highs of LBP 3,800 in the parallel market. The heignthened demand on US bank notes by ... read more
Abstract Lebanon’s fiscal performance weakened considerably in 2018. The country lost the primary surplus to a primary deficit and recorded a 10-year high fiscal deficit of $6.25B. The exacerbated fiscal ... read more
According to the Central Administration of Statistics (CAS), consumer prices in Lebanon went up by 5.7% in the first five months of 2018 since the average Consumer Price Index (CPI) rose from 99.32 by May ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average inflation rate climbed by a yearly 4.42% in H1 2017 as compared to an average deflation rate of 2.51% in H1 last year. The ... read more
The reports of the Ministry of Finance continued to show a reduction in the Transfers to EDL, which stood at $521.2M and corresponds to a 33.8% y-o-y decrease by August 2016. By Aug. 2016, the Transfers ... read more
According to the Lebanese Customs, Lebanon’s trade deficit rose by 6.97% from $8.54B by July 2015 to $9.13B by July 2016. As such, due to the political turmoil in Lebanon and its neighboring countries, ... read more
The Beirut Stock Exchange managed to register its first weekly gain in August following four weeks of negative performance. Lebanon’s BLOM Stock Index (BSI) added 0.22% to end the week at 1,147.58 points, ... read more
Weak oil prices and political climate continued to dictate economic performance in the MENA region during the first quarter of 2016. Despite the slight year-to-date uptick in oil prices, oil exporting ... read more
The Beirut Stock Exchange (BSE) underwent a week of profit taking on Audi stocks, sending the BLOM Stock Index (BSI) 0.98% lower following five weeks of improving performance. Accordingly, the index ended ... read more
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