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
The below-zero growth persisted during December 2019 and continued to be driven by November 2019’s sharpest deterioration in the private sector’s health. With a PMI standing at lows of 37 points in ... read more
The first full materialization of the civic protest’s economic repercussions emerged in November 2019, as economic growth is estimated at -0.5% year-to-date. While October’s PMI stood at 48.3, measured ... read more
The BLOM Purchasing Manager’s index (PMI) rose in October on a monthly basis reaching 48.3 to indicate economic contraction at a slower pace, when compared to September’s score of 46.4. However, October’s ... read more
September 2019 witnessed the fastest deterioration in the private sector’s business conditions in Lebanon. Economic growth in Lebanon was capped between 0% and 0.5% by Sept.2019, as indicated by the PMI ... read more
Growth in the Lebanese economy was capped in H1 2019 whilst Lebanon’s private sector continued to be crowded out. Lebanon is known for its ability to maintain financial stability despite political and ... read more
The BLOM Lebanon PMI stood at 47.8 in August 2019, little-changed from July’s 47.7 score, indicating an annualized growth rate of the economy by 0-0.5%. The score reflects the ongoing operating ... read more
During the month of July 2019, Lebanon’s Purchasing Managers’ Index (PMI) recorded its highest reading since 2.5 years ago, with the index standing at 47.7 points, still below the neutral mark of 50 points ... read more
Abstract The study explores the macroeconomic indications of the Lebanese economy and therefore comes to update the findings of the similar report published in Sept. 2018 and to interpret the impact of ... read more
The June 2019 BLOM Lebanon Purchasing Managers’ Index (PMI) stood at 46.3 in-line with May’s reading, mainly driven by output and new orders indices at less than 44. Meanwhile, economic growth remains ... read more
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