We forecast a modest acceleration in private consumption growth to 3.8% in 2016, compared with expected
growth of 3.5% in 2015. However, Lebanon remains stuck in a state of economic stagnation, with little
prospect for an acceleration in growth over the coming quarter ..."
We forecast a modest acceleration in private consumption growth to 3.4% in 2015, compared with expected
growth of 2.5% in 2014. There has been a gradual improvement in the domestic economy over the first half
of 2014, and this is likely to support continued investment ..."
The outlook for private consumption is uninspiring. Although the latest Business Sentiment Survey from the
central bank indicates a 3.4% y-o-y improvement in the headline reading in March, compared with an
average increase of 0.6% in 2012, growth in the indicator has ..."