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Lebanon's construction, retail and services sectors contracted the most in January, the seventh consecutive month of decline in business activity, a survey showed Wednesday.The seasonally adjusted BLOM Lebanon Purchasing Manager Index compiled by data firm Markit dropped to 44.7 – the lowest level since the index was launched in May 2013 – compared to 49 in December 2013, signaling an increasing economic contraction rate.After remaining static in December, the index of new export orders decreased in January to 48 .However, despite weaker economic output, the employment index increased slightly to 50.4 as 1.9 percent of surveyed private companies said they hired additional employees versus 0.4 percent of firms that dismissed staff.
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