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BLOM PMI Falls to 3-month low in March and Points to Sharper Economic Downturn

04 April 2018

In spite of steady cost burdens on Lebanese businesses, the BLOM Lebanon PMI fell from 47.3 in February to 46.5 in March, indicating a more pronounced setback in the private sector’s activity. The output of surveyed Lebanese businesses recorded the sharpest rate of decline since December 2018.

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