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Consumer confidence improved in Lebanon in the second half of 2014, according to the Byblos Bank/AUB Consumer Confidence Index, reflecting consumers' deep skepticism about the sustainability of some rare positive developments that took place during this period.The index regressed by 9.8 percent in the third quarter to a monthly average of 32.2 .Despite the index's improvement in the fourth quarter of last year, the results of the third and fourth quarters of 2014 remained consistent with the ongoing trend of low household confidence since the first quarter of 2012 .The results of the third quarter of 2014 were the eighth lowest since the index's inception, while the fourth quarter posted the 12th-lowest quarterly reading in 30 quarters.
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