Beirut Souks. (The Daily Star/Hasan Shaaban)
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The presidential vacuum and the ongoing regional conflicts weighed heavily on Lebanon's retail sectors, which have experienced renewed pressures undermining the level of economic activity in the first quarter of 2015, according to the Beirut Traders Association-Fransabank Retail Index.The index reported a drop of 10.4 percent from 58.9 in Q1 of 2014 to 52.78 in Q1 of 2015 .The report said that CPI, as published by the Central Administration of Statistics monthly, has revealed a drop of 3.38 percent in prices between the first quarter of 2014 and the first quarter of 2015 .
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