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Lebanon's private sector experienced further decline in its performance in the month of August 2019, according to BLOMINVEST PMI report Wednesday.It added that despite the softer decline in total new orders, international sales fell at the fastest pace for five months. The result ended a 17-month sequence of workforce contraction," BLOMINVEST said.But the report noted that the companies continued to reduce their purchasing activity, albeit at the joint-softest rate since January last year.The report said that new orders placed with Lebanese private sector companies fell further in August, extending the current sequence of contraction that began in June 2013 .
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