Lebanese markets face decline amid closures
Retail trade in Lebanon is facing a sharp decline as its index approaches 29 points, amid a drop in domestic demand due to nearly 7% price increases and the negative impact of security and financial conditions on market activity. The decrease in tourist and expatriate activity, especially after travel restrictions, has led to a significant decline in market and store operations, with growing fears of a potential closure of small businesses that rely on daily sales, amid the absence of clear government support measures for the affected sectors.
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