Inflation in Lebanon
Lebanon - InflationThe economy remains in a bad way, with the private-sector PMI falling in May on a sharper decline in new orders. Moreover, in Q1 the coincident indicator—which measures economic activity—was down year-on-year, while building permits and cement sales also plunged, boding poorly for the construction sector. A glimmer of positive data came on the external front; exports were up in annual terms in February and March, likely thanks to greater stability in Syria. In politics, the draft budget announced in May has yet to be approved by Parliament. The approval and full implementation of the budget’s austerity measures will be key to unlocking USD 11 billion of donor funds and rebuilding shattered investor confidence.
Lebanon - Inflation Data
|Inflation Rate (CPI, annual variation in %)||4.8||1.9||-3.8||-0.8||4.5|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||1,508||0.0 %||Jul 11|
|Stock Market||855||0.37 %||Jul 10|
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