Business activity at the Lebanese private sector kicked off 2018 revealing a continuing recession, yet the slowest recorded in nine months. Declines in Output and New Orders were smoother in January 2018 ... read more
Lebanon’s Purchasing Managers’ Index (PMI) ended the year with further contraction following the continuous instability on the Lebanese political scene and signaling a worsening activity within the ... read more
Despite the persisting declines in the levels of output and new work, contraction within the private sector economy soothed in November. Although employment levels kept on deteriorating, the rate at which ... read more
In line with the previous years, Lebanese banks preserved their role as buffers against the recurring headwinds of an uncertain economy. As a matter of fact and despite the existing low growth environment, ... read more
Contraction in the private sector’s economy accelerated in October as the BLOM PMI declined further to 45.8 points. The index remained below the neutral mark of 50, separating economic contraction from ... read more
Business conditions of Lebanon’s private sector companies saw further deterioration during the ninth month of the year. “The PMI was again discouraging in September 2017, recording a level of 46, the ... read more
Tourism is a prime revenue to the Lebanese economy. Alongside construction and real estate which are currently in a slowdown, the tourism sector is also a driver of economic growth in the country. Lebanon ... read more
The deterioration of the operating environment in Lebanon’s private sector economy extended through the third quarter of 2017 as shown by Lebanon’s PMI released by Blominvest Bank. The PMI steadied ... read more
BLOM PMI revealed its lowest reading in eight months in June at 46.1, down from 46.6 in May, indicating a faster fall in overall business activity. The contraction in the private sector’s business ... read more
Contraction in the private sector’s economy accelerated in March as the BLOM PMI declined to 46.9 points. The index remained below the neutral mark of 50, separating economic contraction from growth, for ... read more
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