Economic Research | Lebanon This Week | Lebanon This Week 558 | Retail activity indicator down 9.5% in first half of 2018 | Lebanon | Byblos Bank

You are being redirected to .

 

Please Rotate your screen to portrait, for best viewing.

Byblos Bank

Lebanon This Week 558

|

Retail activity indicator down 9.5% in first half of 2018

Figures released by the Lebanese Franchise Association (LFA) show that the LFA's Retail Sales Indicator of consumer goods & services in Lebanon declined by 9.5% in the first half of 2018 from the second half of 2017, and increased by 0.9% from the first half of 2017. Also, the indicator regressed by 13.1% from 2012, which is the base year that the LFA uses to calculate its indicator.

The consumer goods covered by the indicator are fashion & clothing, cosmetics, household goods, sports & hobbies, luxury items, and food & beverages. The indicator for the food & beverages category grew by 27.8% in the first half of 2018 from the same period last year, and increased by 2.7% for household goods in the covered period. In contrast, the sales indicator for the sports & hobbies goods regressed by 11.7% year-on-year, followed by fashion & clothing (-10.7%), luxury items (-9.85%), and cosmetics (-4.6%). Further, the retail sales indicators for four out of six categories of consumer goods were lower than their base year level by margins from 35.7% to 57%.

In parallel, the consumer services segment consists of hospitality, tourism, and medical services. The retail sales indicator for medical services increased by 6.1% in the first half of 2018 from the same period last year, while it regressed by 5.2% for hospitality services and by 0.8% for tourism services during the covered period. Also, the retail sales indicator for hospitality services decreased by 12% from its 2012 base year level, while the indicator for tourism services regressed by 0.8%.
 
Cookies Information

To optimize this website's functionality, we may utilize cookies, which are small data files stored on your device. This common practice helps improve your browsing experience.

Privacy settings

Choose which cookies you wish to enable.
You can change these settings at any time. However, this can result in some functions no longer being available. For more information on deleting cookies, please consult your browser help function.
LEARN MORE ABOUT THE COOKIES WE USE.

Use the slider to enable or disable various types of cookies:

Necessary
Functionality
Analytics
Marketing

This website will:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location

This website won't:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location


Save And Close