According to ARA Marketing Research and Consultancy, the Consumer Confidence Index (CCI) lost 4 points to stand at 58 points in October, representing the lowest score since November 2013. This decline was triggered by the drop of 4 of the 6 Consumer Indices, with only the Security Situation Index and the Expected Economic Situation Index posting increases..
The conclusion of the public-wage sector debate resulted in the Current Personal Income Index to decrease by 3 points to 54 points, after a 37-point decline at the peak of demands for public wage reform. Meanwhile, the Expected Personal Income Index decreased by 7 points to 57 points in October.
The Current Economic Situation Index dropped by 7 points to reach 70 points in October. This decrease appeared despite the launching of several economic projects such as waste disposal and energy projects, in addition to the emergence of positive and constructive negotiations between political groups.
This lack of trust in the authority is also reflected in the Expected Economic Situation Index, which posted an increase, but only by 1 point to reach 47 points in October as the public view towards the government remains negative and uncertain of its ability to guide the country through economic difficulties.
The relative stability of the security situation caused the Security Situation Index to rise by 10 points to 68 points in October. However, it still represents a low rating in spite of the Lebanese Army gaining control over several disturbed areas.