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FINANCIAL NEWS
Lebanese economy up in Q1
06 Jun 2012
(MENAFN) The Lebanese economy is performing 3.7 percent better during the first three months of 2012 than the same period in 2011, according to figures released by the Central Bank of Lebanon, reported the Daily Star.
The coincident indicator used to come up with the figures is a composite monitor of economic activity and development that maps out Lebanese macroeconomic performance using a point system.
The coincident indicator shows that the first three months of 2011, which were trying political times in Lebanon, resulted in a 0.5 percent decrease in economic growth.
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