Retail sales fell one percent in 2016 compared to 2015, according to the Retail Sales Index by the Lebanese Franchise Association (LFA) and Chamber of Commerce, Industry, and Agriculture in Beirut and Mount Lebanon (CCIA-BML).
Albert Khoury, whose company prepared the statistics, said: "This confirms the fact that the retail activity's minimal rates of improvement witnessed in 2015 have failed to create recovery momentum in 2016."
The overall retail sales index for 2016 remained te...
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