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
The private sector’s economic activity remained firmly in contraction area in July, as revealed by Lebanon’s PMI released by Blominvest Bank. BLOM PMI stood well below the 50 mark, which separates economic ... read more
Economic indicators are giving conflicting signals on the Lebanese economic activity. However it seems that this is not exclusively a Lebanese phenomenon, as US indicators are also giving conflicting ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets witnessed a y-t-d increase of 1.42% and an increase of 5.36% y-o-y from $179.03B by May 2015 to $188.63B by May 2016. This y-t-d ... read more
Economic activity within the Lebanese private sector remained firmly in contraction area in May, as revealed by Lebanon’s Purchasing Managers’ Index (PMI), released by BLOMINVEST Bank and compiled by ... read more
Lebanon’s infrastructure was extremely damaged by the 1975-1990 civil war. The quality of public utilities decayed further after the war in 2006 and the Syrian war in 2011. Since then, Lebanon has lacked ... read more
During the third month of the year, the private sector’s economy witnessed the fastest contraction in 26 months. The BLOM Purchasing Managers’ Index (PMI) registered a reading of 45, declining further ... read more
The economic outlook of MENA countries remained gloomy during the third quarter of 2015 due to low oil prices and intensifying conflicts in many parts of the region. Economies of oil-exporting countries ... read more
In spite of lower cost burdens on Lebanese businesses, the BLOM Lebanon PMI fell from 48.1 in September to 47.1 in October, indicating a more pronounced setback in the private sector’s activity. The output ... read more
Despite the persisting declines in the levels of output and new work, August’s eleven-month contraction within the private sector soothed in September. The improving employment in the private sector ... read more
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