Lebanon’s private sector economy remained in contractionary territory in January 2024, but a slight improvement compared to the previous month offered a glimmer of hope. This upturn is particularly ... read more
Lebanon’s private sector faced a notable setback in December, as reflected in the Purchasing Managers’ Index (PMI), indicating a sharp decline in business conditions. This downturn is ... read more
In the weeks leading up to Christmas and the Holidays, Lebanon experienced a notable economic upturn though far from any trajectory towards stabilization. The Lebanese market saw a surge in business ... read more
Lebanon’s Purchasing Managers’ Index (PMI) experienced the sharpest drop in seven months, falling from 50.3 in July to 48.7 in August 2023. This alarming drop was primarily attributed to the substantial ... read more
For the month of February 2022, Lebanon experienced a steady appreciation the exchange rate in the parallel market to an average of LBP/USD 21,900. This was accompanied by the approval of a preliminary ... read more
Month of September held some positivity after the formation of the long awaited government, followed by the confidence votes at UNESCO palace on September 20, 2021 as well as discussions on the new ... read more
For the month of August, President Michel Aoun and Prime Minister-designate Najib Mikati have met several times to agree on a new cabinet with no end result. However, as of last week, President expressed ... read more
Concerning the Lebanese economy and its ongoing challenges within the sovereign, banking, economic and exchange rate calamities, the widespread anti-government protests continued during month of March ... read more
Month of December marked a high manufacturing Purchasing Managers’ Index (PMI) for the US which increased from 56.7 in November to 57.1 in December, the best reading since September 2014. The last month of ... read more
While the rest of the world moves beyond Coronavirus measures, Lebanon struggles to grapple with dual crises. Most nations began to overcome the standstill generated by the notorious pandemic. This is ... read more
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