Coincident Index is a monthly weighted average that measures economic activity and correlates with the business cycle. Its evolution is a barometric indication of the behavior of the domestic economy at large. It includes eight economic indicators that seek to reflect the current state of the economy in Lebanon: construction permits, cement deliveries, property sales, electricity production, merchandise trade, cleared checks,passengers at the airport, car sales. In general, increasing coincident index shows that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase.
. This page provides - Lebanon Coincident Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Lebanon Coincident Index - actual data, historical chart and calendar of releases - was last updated on October of 2019.