CCI Improved to 71 Points in November

According to ARA Marketing Research and Consultancy, the Consumer Confidence Index (CCI) improved 13 points in November, to 71 points. Talks about a possible breakthrough in the ongoing political stalemate and the Minister Abou Faaour’s efforts to fight food safety violations were behind the progress of confidence among Lebanese. The Security Situation Index also jumped 68 points to 136 points as the Lebanese Army and security forces continue to stabilize the security environment in the country. Even though the Current Economic Situation Indices rose by 61 points to 131 points, the Current Personal Income continued its downtrend declining by 5 points to 49 points. The Expected Economic Situation Index and the Expected Personal Income Index added 8 points and 7 points to 55 points and 64 points, respectively. This implies that the Lebanese consumers foresee a better economic standing ahead of 2015. Finally, the Purchase of Durable Goods Index dropped by 8 points in November, to reach 77 points, its lowest level since January 2008.

Leave a Reply

Your email address will not be published. Required fields are marked *