Sunday 06, April 2014 by Robin AmlĂ´t

March sees further contraction of Lebanese private sector, says BLOM Lebanon PMI

The seasonally adjusted BLOM Lebanon PMITM posted at 46.2 in March, up slightly from February’s mark of 45.5 but still indicative of a further substantial worsening of business conditions within Lebanon’s private sector economy. The headline index recorded an average of 45.5 over the opening quarter as a whole, which was down on the 47.7 registered in the final three months of 2013.

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