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Lebanese Central Bank Governor Expects 3% To 4% in Real Growth For The Year 2009

Tue, May 26 2009, 10:59 GMT
by Credit Libanais Research Unit

Credit Libanais


Registered Construction Permits in April 2009

According to the Order of Engineers' statistics, Lebanon’s registered construction permits slowed to 844,580 sqm in April 2009, down by 2.05% on an annual basis from 862,212 sqm in April 2008.


Number of Tourists Through April 2009

Lebanese Ministry of Tourism statistics unveiled a staggering 56.79% annual increase in the number of tourists’ arrivals to Lebanon, reaching 434,418 tourists through April 2009.


Lebanese Central Bank Governor Expects 3% To 4% in Real Growth For The Year 2009

Lebanon’s Central Bank Governor indicated that he expects the Lebanese economy to grow by 3% to 4% in real terms in 2009 with a likelihood of breaking the 6% mark, conditional upon the sustainability of a favorable political climate.


Bahrain’s Inflation Rate At 3.1% in April

According to government official data, Bahrain’s inflation rate slowed to 3.1% in April 2009 in comparison with 4.3% in March.


Consumer Price Index in April 2009

The U.S. Labor Department reported a 0.1% monthly contraction in the U.S. Consumer Price Index “CPI” in April 2009 on the back of diminishing energy prices.


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