The Beirut Traders Association (BTA)-Fransabank Retail Index posted negative results for the fourth quarter of 2015, scoring 55.5 out of 100, falling by almost five percent, compared to the same period in 2014.
Nabil Hatem, General Director of the BTA, said: "The main reason behind the fall in retail activity is that the market is still in a deflationary mode, where prices have gone down." The decline in prices was not met by an increase in consumption.
The index, prepared and pub...
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