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Lebanon's private sector activity continued to shrink in the month of March despite big efforts by local businesses to cut their costs, according to BLOM Lebanon PMI Wednesday.Commenting on the March 2018 PMI disappointing results, Myrna Chami, senior economist at BLOMINVEST Bank, said: "Even though the levels of the PMI progressed during the first two months of 2018, the downturn in March meant that the first quarter's average remained below the historical trend level signaling a disappointing start to the year for the private sector.
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