The BLOM PMI stabilized at 49.3 in July signaling an unchanged slight slowdown of the private sector’s economic activity, as it stood just below the threshold of 50.0 separating growth from contraction. ... read more
BLOM PMI revealed its highest reading in five months in June at 49.3, up from 48.0 in May, indicating a slower fall in overall business activity. The improvement in the private sector was supported by the ... read more
BLOM PMI dropped to eight month low in May, reaching 48.0, down from 49.0 in April. The economic indicator which is based on a survey compiled by Markit, is sponsored by BLOMINVEST and provides an ... read more
To promote the Lebanese economy and generate new job opportunities, Lebanon’s central bank, Banque du Liban (BdL), has been offering low cost incentives to the private sector through banks. In 2013, BdL ... read more
BLOM PMI fell to its lowest level in five month during February, registering 48.7 points from 49.5 points in January, still below the neutral mark 50 points. The monthly indicator revealed lower production ... read more
BLOM PMI rose back to reach 49.5 points in January, up from 49.3 points last month, reflecting the slowest pace in economic contraction seen in over a year and matching that of November 2014. The private ... read more
The consolidated balance sheet of Lebanon’s commercial banks revealed a 4.48% year-to-date (y-t-d) increase in assets to $172.21B by November, which translated in to a 6.36% year-on-year growth. On the ... read more
The consolidated balance sheet of commercial banks jumped by 3.96% year-to-date (y-t-d) to $171.34B by September, equivalent to a 7.59% year-on-year (y-o-y) growth. Total reserves showed a 11.90% y-t-d ... read more
Lebanon’s monthly economic indicator BLOM PMI signaled a further recession in September, scoring 47.6 points up from 45.5 points in August, still below the threshold separating economic growth from ... read more
Following the security breaks in the second half of June, the Lebanese private economy contracted at a faster pace as companies’ output and new orders declined. BLOM PMI thus scored 47.9 points in July, ... read more
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